Centre may reduce reserve sale price for rice to make ethanol
Financial Express Lucknow|December 23, 2024
● No takers for FCI stocks among grain based distilleries
SANDIP DAS

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 Lucknow 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。

この記事は Financial Express Lucknow 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。

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