Maharashtra expects to get Rs 7,816 crore by selling ethanol to oil companies

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Pune: In the recently concluded crushing season, Maharashtra has broken many previous records. On the ethanol front also, the state is performing well.

India has saved over Rs 41,000 crore in foreign exchange as the country has achieved 10 per cent ethanol blending in petrol. Maharashtra also has a huge contribution to it.

In the year 2021-22, the total ethanol production in Maharashtra is expected to be around 134 crore litres and state expects to get Rs7,816.90 crore by selling the ethanol to oil companies. During 2020-21, the demand for ethanol in Maharashtra was around 100 crore litres, which was less than 30% of the countrywide demand for ethanol (367.30 crore litres).

Since the inception of the sugar industry in the state, this season saw the highest sugar production of 137.27 lakh tonnes. The average crushing period was 173 days, whereas average sugar recovery stands at 10.40 per cent.

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