Sugarcane alone is not sufficient to achieve the 20% blending target, said Union Food and Public Distribution Secretary Sanjeev Chopra on Tuesday. “However, only sugarcane route is not sufficient to achieve the 20% blending target, therefore, ethanol from food-grains such as maize, damaged food grains and rice available with Food Corp of India has also been allowed,” Chopra said while …
Sugar mills, oil marketing companies and banks are willing to enter into an agreement to create an escrow account for payment of ethanol procurement, a move that will enable sugar factories to avail soft loans for setting up distilleries, the food ministry said on Saturday. Banks could now consider giving loans to even those sugar mills that have weak balance …
)