Sugar mills in Uttar Pradesh, which is the largest producer of the commodity, have urged government-owned oil marketing companies (OMCs) to float a third tender for ethanol procurement due to estimates of excess production of the green fuel, with additional quantity of cane being crushed this season.
The Indian Sugar Mills Association (ISMA) has written to the three government-owned oil marketing companies (OMCs) --Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) -- urging them to float a fresh ethanol procurement tender to help mills and distilleries supply more green fuel for blending with