Sugar mills to supply 140 crore litres of ethanol

Sugar mills to supply 140 crore litres of ethanol

Sugar mills and ethanol manufacturers have entered into an agreement with oil marketing companies to supply a record 140 crore litres of ethanol for blending during the year, starting last October.

The contracted quantity – which is 26 per cent more than 111 crore litres supplied in 2015-16 – is enough for 4.5 per cent blending, the Indian Sugar Mills Association (ISMA) said in a statement on Thursday.

However, ISMA requested State governments to remove taxes on denatured ethanol so that inter-state movement is not hindered, on the lines of what the Karnataka government did early this year.

“Legislative and legal powers on denatured ethanol meant for blending with petrol is clearly bestowed only with the Central government, which should be accepted by the State governments,” it said.

Source: thehindubusinessline:Published on 2017-12-21