Indian oil minister wants to make ethanol easier to trade

June 13, 2018 |

In India, the oil minister is working to ease trading regulations that has kept oil marketing companies from sourcing enough ethanol from sugar mills to supply the 5% blending mandate nationwide. Tendering procedures and price have been among the complaints by sugar mills for the lack of purchases. Sugar mills are suffering from low global sugar prices, with many looking at ethanol production as an opportunity to increase economic viability, especially now that policy has been eased allowing for different feedstocks to be used.

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