GIVEN THE HIGH rice stocks, the government is discussing a reduction in the reserve sale prices of broken rice offered to grain-based distilleries for ethanol manufacturing from the central pool held by the Food Corporation of India (FCI).
Sources told FE that discussions are underway to assess the availability of feedstock—maize and rice—for biofuel production.
Officials acknowledged that the lack of takers for broken rice allocated to ethanol manufacturers stems from the high prices set by the government.
"We are discussing the issue with all stakeholders," said a source, adding that a price reduction is under consideration.
In August, the government lifted a 13-month ban on rice sales to ethanol distilleries, approving the purchase of 2.3 million tonne (MT) from central pool stocks for distilleries at ₹28/kg, excluding transportation costs.
この記事は Financial Express Kolkata の December 23, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Financial Express Kolkata の December 23, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
South steals the spotlight
Hits from Hindi film industry in post-Covid era have been fewer and far between
Smart Cities Mission: School enrolment up 22%
STEPS TAKEN UNDER the Smart Cities Mission have led to a 22% increase in school enrolment in 19 cities and improved real-time tracking of criminal activities, according to two studies by the Indian Institute of Management, Bangalore.
Does India want BGT win or Rohit back in form?
In case openers KL Rahul or Yashasvi Jaiswal had been struggling, Rohit's elevation would have made sense. But with his form, the change of batting order wasn't really warranted
UltraTech to buy stake in Star Cement
UltraTech Cement is set to acquire a minority stake in Star Cement.
Byju Raveendran: From boom to bust
US-based lenders initiated bankruptcy proceedings against Byju's to recover outstanding loans, and back home, the ministry of corporate affairs launched investigations into its financial practices.
Oil rises 1%, heads for weekly gain
OIL ROSE ABOUT 1% on Friday and was set for a weekly gain in low trading volume ahead of year-end, backed by expectations of lower US crude stockpiles and hopes of a stimulus-driven economic recovery in China.
IIFL Home Finance expects 15% AUM growth in FY25
● Looking at stock market listing, but no timeline yet
Jewellery units lose sheen on weak Rupee
THE DEMAND IN east Asia, however, has been tepid.
Squid Game stocks tank
A LESS-THAN-PERFECT debut for the new season of Netflix's blockbuster series Squid Game sent shares of related South Korean companies sharply lower Friday.
Richard Parsons, who rescued Time Warner, Citigroup, dies
RICHARD PARSONS, THE executive dubbed \"Captain Emergency\" for his record of stabilizing ailing companies such as AOL Time Warner, Citigroup and Dime Savings Bank of New York, has died. He was 76.
