Indian sugar mills sign contracts for 1.04 billion liters of ethanol

In India, sugar mills have so far signed contracts with oil marketing companies to supply 1.04 billion liters of ethanol during 2015/16, compared to just 780 million liters signed for last year. To achieve the planned E10 mandate for 2016, OMCs tendered a few months ago for 2.6 billion liters. The volume contracted so far is enough to supply about a 4% blend. Policies remain a challenge for production and supply in certain states, hindering the ability to offer volumes for the mandate.