News International Sugar Journal

India – Revenues from cogeneration and ethanol enhance millers profitability [Registered]

Millers in India, particularly those in the private sector, are focusing on by- and co-products to maximise revenues and cushion against volatility in sugar prices, reports Business Standard. Selling power to the grid and ethanol production is increasingly seen by sugar companies as reliable source of income. Against an estimated loss of Rs 2.50 (U$0.04) per kg from sugar production, mills are aggressively signing contracts with state electricity girds for power supply at Rs 5-7 a unit. And, against the earlier Rs 27 a litre, oil marketing companies(OMC) are offering Rs 34-36 a litre for ethanol, to meet their needs…

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