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HomeSugar Industry NewsSharad Pawar moots hybrid ethanol and sugar production model

Sharad Pawar moots hybrid ethanol and sugar production model

PUNE Nationalist Congress Party (NCP) president Sharad Pawar, on Tuesday appealed to the sugar industry to adopt a hybrid production model to switch between ethanol and sugar depending on the price of the end product

PUNE Nationalist Congress Party (NCP) president Sharad Pawar, on Tuesday appealed to the sugar industry to adopt a hybrid production model to switch between ethanol and sugar depending on the price of the end product.

Pawar was addressing the Vasantdada Sugar Institutes’ annual general meeting virtually on Tuesday. This is the second year the general body meeting was held virtually because of Covid-19.

Pawar said, “Major sugar producing countries like Brazil, have adopted the hybrid model and keep switching production between ethanol and sugar depending upon prices. India has enough sugar production, around 305 lakh tonnes. If we consider export of sugar, then also the industry has enough sugar which can be diverted for ethanol production.”

Pawar added, “Central government is promoting ethanol aggressively. Industry must participate to maintain its own economics.”

He said that the differential price system has been introduced for ethanol-based sugar on whether it is produced directly from cane juice or from molasses.

The above news was originally posted on www.hindustantimes.com

Sugar Times Team
Sugar Times Teamhttps://www.sugartimes.co.in
The Sugar Times Editorial Team is a group of experienced journalists, analysts, and industry experts dedicated to providing in-depth coverage and insights on the global sugar industry. With years of experience in agriculture, trade, sustainability, and market trends, the team brings a wealth of knowledge and expertise to every article they produce.Focused on delivering accurate, timely, and relevant news, the Sugar Times Editorial Team aims to keep industry professionals, stakeholders, and enthusiasts informed on key developments in sugar production, trade policies, innovations, and sustainable practices. Their collective goal is to help readers navigate the complexities of the sugar sector and stay ahead of emerging trends shaping the future of the industry.You may submit your article on info@sugartimes.co.in if you have valuable contributions for the industry readers.
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