Goyal launches new sugar-ethanol portal to boost RE

10 Jul 2023 CW Team

In a significant move aimed at promoting renewable energy sources and reducing dependence on fossil fuels, Union minister Piyush Goyal launched a new sugar-ethanol portal. The portal, unveiled during the ‘National Conference of Food Ministers of States/UTs’, aims to enhance the production and utilisation of ethanol derived from sugarcane in India.

The conference, organised by the Department of Food and Public Distribution (DFPD), brought together key stakeholders to discuss various aspects of foodgrain procurement, distribution, and policy reforms.

Goyal, while addressing the gathering, emphasized the importance of renewable energy and the need for India to transition towards a cleaner and greener future.

With the launch of the sugar-ethanol portal, the government aims to boost the production and consumption of ethanol as an alternative to fossil fuels. Ethanol, derived from sugarcane, can be blended with petrol, reducing the reliance on imported crude oil and contributing to a cleaner environment.

During the conference, the department highlighted the significant role of procurement reforms in ensuring food security and stable prices for essential commodities. Additionally, a demonstration of the ‘Annapurti’ automated multi-commodity grain dispensing machine developed by the UN World Food Programme (UN-WFP) and automatic grain analyzers was conducted, showcasing technological advancements in the procurement and quality checking processes.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..