Indian’s sugarcane stock prices soar as result of Indian E10 mandate

In India, sugar stocks have soared as the Sensex index passed the 16,000 mark, as Indian investors revised their projections for the sector in the wake of the Indian government’s E10 ethanol mandate. Companies such as Triveni Engineering & Industries, Empee Sugars & Chemicals, Dhampur Sugar (Kashipur), Balrampur Chini Mills, Gayatri Sugars, Venus Sugar, Rana Sugars, Simbhaoli Sugars, Shree Renuka Sugars and JK Sugar have  seen stock price increases of more than 100% in the past month.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Indian sugarcane producer stock prices soar as national E10 mandate improves industry outlook

In India, sugar stocks have soared as the Sensex index passed the 16,000 mark, as Indian investors revised their projections for the sector in the wake of the Indian government's E10 ethanol mandate. ...

Indian ag minister calls 10-state meeting to coordinate sugar ethanol production

A meeting has been called by the Indian agriculture minister to coordinate efforts of ten sugar-producing Indian states regarding ethanol blending targets. India recently announced an E10 ethanol m...

India OKs production of ethanol directly from sugar; E5 mandate goes into effect, E10 mandate for 2008 confirmed

In India, the government yesterday approved the production of ethanol directly from sugar and made E5 mandatory from this month. E10 is mandated as of October 2008. As a result of the government's act...

US ethanol mandates may be causing high diesel prices

Southeast Farm Press is reporting that the surge in US ethanol demand may be causing diesel prices to soar. Diesel production is generally a byproduct of gasoline demand — the more gasoline demand, ...

India’s Hindustan Petroleum to restart two sugarcane mills, add 24 Mgy to Indian ethanol capacity

In India, Hindustan Petroleum said that it will invest $116 million to re-start sugarcane mills it has acquired in Bihar. The plants will produce sugar, ethanol and 100 MW of power from sugarcane baga...

India Times suggests that Indian cars not ready for E10 mandate

In India, concerns have grown that Indian cars will not be compatible with a new E10 mandate proposed to take effect in October 2008. India Times suggested in an article that most Indian cars are E5 c...