Government of India Approves Ethanol Procurement Prices for Upcoming Supply Season, India – 6th December 2021

On November 10, 2021, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi approved new ethanol procurement prices for sugarcane-derived feedstock for the upcoming ethanol supply year 2021/22 (December 1, 2021, to November 30, 2022). The procurement prices for other feedstocks used in the production of second-generation ethanol are subject to revisions based on the determination of the oil marketing companies.