The Government has softened its stand on the 7th December, 2023 notification banning sugar mills from producing ethanol directly from sugarcane juice/syrup. In the latest directive issued on 15th December, the Government said the Oil Marketing Companies (OMCs) will issue a revised allocation of sugarcane juice and B heavy molasses-based ethanol for the 2023-24 Ethanol … Continue reading Understand expected maths behind allocation: Government revises ethanol production guideline; caps sugar diversion to 17 LMT