Question
As per the Cabinet’s latest approval for the ethanol
supply year 2024–25, whatis the revised ex-mill price of ethanol derived from C-heavy molasses?Solution
The ex-mill price of ethanol derived from C-heavy molasses has been revised to ₹57.97 per litre for the ethanol supply year 2024–25 (November–October). Details of Ethanol Pricing (2024–25): • C-heavy molasses-based ethanol: o New price: ₹57.97/litre o Increased by: ₹1.69/litre o % Increase: 3% hike approved by the Cabinet • B-heavy molasses-based ethanol: o Price unchanged at ₹60.73/litre • Sugarcane juice/sugar/sugar syrup-based ethanol: o Price unchanged at ₹65.61/litre • Other ethanol sources (paid by OMCs): o From rice: ₹58.50/litre o From maize: ₹71.86/litre Background Note: • Ethanol prices were last revised in the 2022–23 ethanol supply year. • These pricing decisions aim to promote biofuel blending in petrol, reduce oil imports, and boost farmers’ income by creating demand for agricultural by-products.Â
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