3 months Free Trail

Get world class research developed by an in house team of professionals backed with strong institutional support. With reports that span across time horizons, styles and easily actionable strategies, you are never too far from executing a winning trade.

Key features and benefits of Registeration :
  • My Portfolio : Access 360° View not only of your Portfolio with Emkay, but all your Investment Portfolios
  • Emkay Research : Get Emkay's exclusive Research Reports & Trading Ideas.
  • My Watch list : Track your favorite stocks, Derivatives, Currencies, Commodities, Mutual funds on the go
  • Markets : Grab Stock Market Information at your fingertips
  • News & Announcements : Stay Updated 24x7 with news that matters.
  • Alerts : Get Alerts on Emkay Research, Trading Ideas, news on your portfolio holdings & watchlist

Generate password

Change password

Forgot Customer Code

Would you like to create a personalised login id for logging in to Emkay Website ?

Change Personalised Login ID

Rise in prices of ethanol

Share Source By

Dion Global

06 Feb 2019

For ethanol supply year 2018-19 (December- November) Government has increased the ex-mill price of ethanol derived from C-heavy molasses to Rs. 43.46 per litre from Rs.40.85 per litre being paid for ethanol supply year 2017-18. For the first time, Government has also fixed the ex-mill price of ethanol derived from B-heavy molasses/partial sugarcane juice at Rs.52.43 per litre and from 100 % sugarcane juice at Rs. 59.19 per litre for ethanol supply year 2018-19.

Government is extending soft loans of Rs. 6139 crore through banks to the sugar mills for setting up new distilleries and installation of incineration boilers to augment ethanol production capacity for which Government will bear interest subvention of Rs. 1332 crore. Further, Government has also created a buffer stock of 30 LMT to be maintained by sugar mills w.e.f. 01.07.2018 to 30.06.2019 for which Government will reimburse carrying cost in terms of interest, insurance & storage charges of about Rs. 1175 crore towards maintenance of buffer stock.