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Indian sugar industry demands higher ethanol prices and extended blending targets amid declining participation.
The Indian sugar industry is calling for higher ethanol procurement prices and an extension of blending targets beyond 20%, as their participation in the national ethanol program has dropped from 73% to 28%.
They also want more Flex-Fuel Vehicles to boost demand.
The decline is due to procurement prices not increasing with the Fair and Remunerative Price of sugarcane, leading to underutilization of ethanol production capacity.
The industry suggests blending ethanol with diesel as a future strategy.
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La industria azucarera de la India exige precios de etanol más altos y objetivos de mezcla extendidos en medio de una disminución de la participación.