Govt Considers Ethanol Price Increase for 2024-25 to Boost Production

14 Aug 2024 CW Team

The government is considering a proposal to increase ethanol prices for the season beginning in November 2024, while also advocating for the diversification of feedstocks to meet the 20 per cent blending target by 2025-26, sources indicated. A committee led by a joint secretary from the petroleum ministry has already conducted an initial round of discussions on the proposal. They noted that the adjustment of ethanol prices will be determined based on the fair and remunerative price of sugarcane.

One source, who requested anonymity, mentioned that the price revision is being prioritized to encourage production and achieve the blending goals.

Last week, Cooperation Minister Amit Shah emphasised the need for a multi-dimensional approach to biofuel manufacturing and assured that India would meet its 20 per cent ethanol blending target by 2025-26, ahead of the original 2030 deadline. Ethanol prices, set by the government, have remained unchanged since the 2022-23 season (November-October). At present, ethanol produced from cane juice is priced at Rs 65.61 per litre, while ethanol from B-Heavy and C-Heavy molasses is priced at Rs 60.73 and Rs 56.28 per litre, respectively.

According to the sources, the government views the ethanol blending program as crucial for fulfilling its green energy commitments and enhancing the financial stability of sugar mills.

Official data reveals that ethanol blending in India reached 13.3 per cent by July of the current season, an increase from 12.6 per cent during the 2022-23 season.

Infrastructure Urban

16 Oct 2025

Shivraj Singh Chouhan inaugurates ICAR-IIMR admin block in Ludhiana

Union Agriculture Minister Shri Shivraj Singh Chouhan recently inaugurated the administrative building at the Indian Council of Agricultural Research – Indian Institute of Maize Research (ICAR-IIMR) in Ludhiana, Punjab. During the visit, he interacted with maize stakeholders, farmers, rural development scheme beneficiaries, and women self-help group (SHG) members. He said that under the leadership of Prime Minister Narendra Modi, the government’s key goals include boosting foodgrain production, reducing input costs, and improving farmers’ incomes. He highlighted the importance of div..

Google to Build Rs 10,000 Cr Data Centre in Visakhapatnam

In a major boost to India’s digital infrastructure, Google will establish a 1-GW hyperscale data centre and Artificial Intelligence (AI) hub in Visakhapatnam, Andhra Pradesh. The project, valued at Rs 100 billion, is expected to significantly contribute to the state’s economy and create more than 20,000 direct and indirect employment opportunities. Union Minister of State for External Affairs and Education, Dr Pemmasani Chandrasekhar, highlighted that this landmark investment by Google will help position Andhra Pradesh as a prominent digital hub under the “Swarandhra Pradesh” vision. ..

TCIL honoured with HR Excellence Award 2025

Telecommunications Consultants India Limited (TCIL), a Miniratna Schedule ‘A’ PSU under the Department of Telecommunications, has been honoured with the HR Excellence Award at the Fortune Leadership Awards 2025, held at Radisson Blu Plaza, Delhi. The accolade acknowledges TCIL’s outstanding HR practices promoting employee development, innovation, and inclusivity. The award was presented by Dr. Dinesh Upadhyay, Former Member, Ministry of AYUSH, and Shri M. S. Nethrapal, IRS, and received by Shri P. Suresh Babu, CGM (HR), in the presence of distinguished leaders from various sectors. Bet..