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“The nation should depend on imports if it needs to attain its mixing goal, as there’s not sufficient maize within the home market,” mentioned a dealer who’s in talks with Myanmar for its import. If India begins utilizing maize for ethanol manufacturing, the requirement can be extraordinarily excessive and can push costs up within the home market. Maize from Myanmar can even be aggressive, mentioned one other dealer. Below the Ethanol Mixing Programme, India needs to attain 20% mixing of petrol with ethanol by 2025.
As sugar costs began to rise as a consequence of estimates of decrease manufacturing of sugarcane in Maharashtra and Karnataka, the Centre capped diversion of sugarcane juice for ethanol at 1.7 million tonnes within the ethanol provide 12 months of November-October 2024. Sugar manufacturing until finish of December within the present sugar season (2023-24) reached 11.18 million tonnes in contrast with 12.12 million tonnes for a similar interval within the earlier 12 months, based on Indian Sugar Mills Affiliation, the trade physique of personal sugar mills, which has now rebranded itself to Indian Sugar and Bio-energy Producers Affiliation. Within the backdrop of decrease sugarcane output, the federal government plans to cut back its dependence on the crop for manufacturing of ethanol and use maize as an alternative. Nevertheless, the world sown below maize was 17.53 lakh hectares until December 29, solely marginally up from final 12 months’s 17.51 lakh hectares, based on knowledge from the trade.
