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Grain ethanol manufacturers seek up to 16% hike in procurement prices
Date: 23 Nov 2023
Source: Business Standard
Reporter:
News ID: 57163
Pdf:
Nlink: https://www.business-standard.com/economy/news/grain-based-ethanol-producers-seek-upto-16-procurement-price-hike-123112300831_1.html

              Grain-based ethanol manufacturers have approached Prime Minister Narendra Modi and the Ministry of Petroleum and Natural Gas, urging them to promptly direct oil-marketing companies (OMCs) to raise the procurement price of ethanol produced from damaged foodgrain (DFG) and maize to Rs 69.54 per litre and Rs 76.8 per litre for Ethanol Supply Year (ESY) 2023–24, which began in November. This move aims to ensure the viability of consistent supplies.

 
  

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