Government reduces price of FCI rice for distilleries producing ethanol

The government has revised the provision for the sale of rice stocks exceeding buffer stocking norms under the Open Market Sale Scheme (Domestic) (OMSS(D)) Policy for the year 2024-25 and reduced the price for distilleries producing ethanol. The government has set the reserve price at Rs 2,250 per quintal (fixed) pan India for the sale

Government allows sale of FCI rice to distilleries for ethanol production

In a relief to grain-based ethanol producers, the government has made relaxations in certain provisions regarding the reserve price of rice under the Open Market Sale Scheme (Domestic) (OMSS (D)) policy for the year 2024-25. The government has revised the provisions for the sale of rice stocks in excess of buffer stocking norms under OMSS

GEMA requests government to issue surplus FCI rice to grain ethanol industry

The Grain Ethanol Manufacturers Association (GEMA) has urged the government to issue surplus FCI rice to the grain ethanol industry and ensure price equalization for grain-based ethanol. GEMA has submitted a formal appeal to Tarun Kapoor, Advisor to the Prime Minister, highlighting the critical challenges faced by the grain ethanol sector. The association has requested government intervention to

Govt allows sale of rice from FCI to ethanol makers

The government permitted the sale of up to 2.3 million tonnes of rice from Food Corporation of India (FCI) stocks to grain-based ethanol distilleries, reversing a ban imposed last year. The food ministry, as per a directive, has allowed ethanol producers to participate in e-auctions and purchase rice between August and October 2024 under the

Ethanol blending falls to 11.72% in August

The percentage of ethanol blended with petrol by oil marketing companies (OMCs) fell to 11.72 per cent in August this year from 11.77 per cent in July, due to unavailability of feedstock such as rice. The Ministry of Petroleum and Natural Gas (MoPNG) attributed the decline in blending to the discontinuation of rice supply by

FCI suspends production of ethanol from excess rice

The move comes as India seeks to ensure adequate rice availability and reduce food prices for domestic consumers.