Government Permits Maize Sale to Ethanol Makers

24 Feb 2024 CW Team

In a significant move, the Indian government has granted approval to the National Agricultural Cooperative Marketing Federation (NAFED) and the National Cooperative Consumers' Federation (NCCF) to sell maize to ethanol manufacturers. The authorized base rate for this transaction is set at Rs 2291 per quintal.

This decision is aimed at bolstering the ethanol production sector, aligning with the government's commitment to promoting alternative and cleaner fuel sources. The move is expected to provide a steady supply of maize to ethanol producers, fostering the growth of the ethanol industry.

NAFED and NCCF, as key players in the agricultural marketing and consumer sectors, will play a crucial role in facilitating the smooth implementation of this initiative. The government's proactive measures are in line with its broader vision to encourage sustainable practices in the energy sector and reduce dependence on traditional fossil fuels.

By allowing the sale of maize to ethanol manufacturers at a predetermined base rate, the government seeks to create a conducive environment for increased ethanol production, contributing to the nation's energy security and environmental sustainability goals.

Infrastructure Urban

08 Apr 2026

UniAcoustic, Vicoustic Form UniVicoustic Alliance

UniAcoustic, part of United Group, has acquired a strategic stake in Portugal-based Vicoustic, forming a new alliance branded as UniVicoustic. The agreement, signed in Mumbai, marks a significant cross-border partnership aligned with evolving India–EU trade dynamics.The collaboration brings together Vicoustic’s global expertise in architectural acoustic products with UniAcoustic’s manufacturing scale and distribution capabilities. The combined platform aims to expand market reach, integrate technology and optimise supply chains across key regions.The development comes amid progress in th..

Dalmia Bharat, Delhi PWD Revamp Under-Flyover Spaces

Dalmia Bharat has partnered with the Public Works Department (PWD), Government of Delhi, to redevelop select under-flyover spaces and a road stretch into sustainable urban hubs. The agreement covers key locations including Lodhi Flyover, Oberoi Flyover, Mangi Bridge and Hanuman Setu.Under the initiative, the company will undertake design, landscaping, plantation and long-term maintenance of the sites, with a defined upkeep period of three years after completion. The project aims to improve urban aesthetics while promoting environmental sustainability and biodiversity restoration in high-densit..

Versigent Debuts as Independent NYSE-Listed Company

Versigent has launched as an independent publicly traded company following its separation from Aptiv, with shares commencing trading on the New York Stock Exchange under the ticker “VGNT”. The move marks a significant milestone in the company’s transition into a standalone global player in power distribution systems.The company specialises in the design, manufacturing and delivery of low- and high-voltage electrical architectures, supported by engineering centres across four continents and manufacturing operations in over 25 countries.Versigent reported revenues of $8.8 billion, net inco..