Indian mills sidelined in supplying ethanol because of new license requirements

In India, the Economic Times reports that sugar mills in Maharashtra say it will take at least one year to be able to comply with PESO (petroleum and explosives safety organization) regulations in order to secure a license to produce ethanol because of required investments such as storage tanks. Without the license, mills won’t be able to supply the tender currently held by oil marketing companies seeking 3.13 billion liters of ethanol and as such sidelining them from an opportunity to bring themselves out of financial straits brought upon them by high government-mandated sugarcane prices.