Big decision of sugar factory after Modi government’s decision; 450 crore for ‘this’ Shree Renuka Sugers will invest Rs 450 crore for increasing ethanol production capacity
Ethanol production | Mr. Renuka Sugars has announced a massive increase in ethanol production. The company will invest Rs 450 for this. According to the company, Mr. Renuka Sugars will now produce 1400 kiloliters of ethanol per day instead of 430 kiloliters.
Sugar factories have moved forward to produce ethanol
New Delhi: Against the backdrop of rising fuel prices across the country, the Modi government had made it mandatory to blend 20 per cent ethanol in petrol. The Modi government aims to increase the rate of ethanol bleeding across the country to 20 per cent by 2025. Against this backdrop, sugar mills across the country are now pushing for ethanol production. (Shree Renuka Sugers will invest Rs 450 crore for increasing ethanol production capacity)
Mr. Renuka Sugars has announced a massive increase in ethanol production. The company will invest Rs 450 for this. According to the company, Mr. Renuka Sugars will now produce 1400 kiloliters of ethanol per day instead of 430 kiloliters.
Aim to blend 20 percent ethanol in gasoline
The government has set a target of blending 20 per cent ethanol in petrol in the next two years. This will help the country reduce its dependence on expensive oil imports. The central government had set a target of 2025. But now the government has changed its mind. The government now wants to achieve this goal before 2023.
Gadkari said that at present, 8.5 per cent ethanol is mixed in petrol. In 2014, the same proportion was 1-1.5 per cent. “Ethanol is a better fuel than petrol and you don’t have to import it,” he said. This fuel is low cost, pollution free and indigenous. Mandating flex-fuel engines will boost the Indian economy. Because our country is a corn surplus, we are a sugar-wheat surplus, we don’t have space to store all this grain.
What is ethanol?
Ethanol is a type of alcohol that is mixed with gasoline and used as a fuel in vehicles. Ethanol is made from sugarcane. When mixed with gasoline, it can reduce carbon monoxide levels by up to 35 percent. Ethanol blended petrol will also benefit the common man to a great extent. Ethanol-powered cars are less hot than gasoline. Alcohol evaporates quickly in ethanol, which prevents the engine from heating up immediately.
Instead of petrol-diesel, cars will run on ‘Ya’ oil, a liter of fuel at Rs 60
Government introduces new E-Vehicle Policy, grant of Rs 10 lakh for charging station
Petrol & Diesel: Fuel prices skyrocket in the state; Big increase in petrol-diesel prices during the week
(Shree Renuka Sugers will invest Rs 450 crore for increasing ethanol production capacity)
#Big #decision #sugar #factory #Modi #governments #decision #crore #Shree #Renuka #Sugers #invest #crore #increasing #ethanol #production #capacity