Economy
New Ethanol Procurement Tender Sparks Feedstock Pricing and Allocation Concerns
The Hindu1h
THE BRIEF
1
Oil Marketing Companies released an ethanol procurement tender for ESY 2026–27, setting prices at ₹60.32 per litre for surplus foodgrains, ₹64 for damaged foodgrains, and ₹66 for maize.
2
The Grain Ethanol Manufacturers Association raised concerns that the pricing differential places a disproportionate burden on rice-based feedstocks and marginalizes maize.
3
The Indian Sugar & Bio-Energy Manufacturers Association welcomed the exclusion of sugarcane juice and syrup-based ethanol while flagging preferences for long-term agreements.