Maharashtra mills are looking to invest $3.47 billion to double ethanol production over two years

In India, the Tribune News Service reports that sugar mills in Maharashtra are planning to invest $3.47 billion in expanding ethanol production over the next two years as they work to try to supply the country’s growing ethanol blending mandate and reduce sugar availability in an already flooded market. Currently the state’s sugar mills have the capacity to produce 570 million liters of ethanol annually but the expansion projects are expected to double that volume.