Page 7 - Sugar Mills

Moratorium on Rs 15,000-cr soft loan to sugar mills extended by six months

The soft loan package is being implemented by the food ministry, which provides a list of eligible loan applicants to banks for further process.

Govt gives sugar mills time till Dec 31 to export last year's balance quota

This will be over and above the quota allocated for the ongoing 2019-20 marketing year.

Setback to sugar mills as UP hikes molasses quota for country liquor to 18%

Sugar millers claim quota hit their revenues, delayed payment to cane farmers

Sugar stocks in focus; Bajaj Hindusthan Sugar, Avadh Sugar climb up to 10%

According to a Reuters report, India's 2019-20 sugar production should fall to 26.9 million tonnes, 1.3 million tonnes below an August projection.

Global sugar-palm lobbies coming to India to protect their trade

A high-powered industry delegation from major sugar producing countries is expected to come to India in the next few weeks to press their views

Yogi govt moots 'sugar tourism' with trips to mills and ethanol plants

Seven-member panel formed to study proposal, offer recommendations on action plan, selected sugar complexes, mode of travel and coordination with tourism department

Indian traders selling old season sugar to Iran after subsidy: Report

Exports from the world's biggest sugar producer could put pressure on global prices but will help India reduce its inventories that have driven down domestic prices

How UP govt's policies on molasses go against India's aim to use green fuel

UP's decisions on molasses quota for country liquor makers could have a major bearing on the country's green energy production

UP sugar mills invested Rs 600 crore for pollution control in last 2 years

Ethanol production would need more investment towards 'green' steps

UP sugar mills demand abolition of molasses quota for distilleries

Private millers lament industry subsidising Rs 350 crore to liquor manufacturers

Sugar industry expects to bounce back after price rise, govt measures

Tamil Nadu mills in the red still, seek financial package and loan relief.

Govt aims to revive closed sugar mills by using land for ethanol production

Gadkari said the ethanol economy has the potential to reach Rs 1 trillion from about Rs 25,000 crore and can reduce the annual Rs 7 trillion crude imports

Conversion of sugar into ethanol could take time to show results on ground

The 2019-20 sugar season starts from next month and the peak crushing will happen in the first five-six months

UP increases molasses quota for distilleries; sugar mills disappointed

UP sugar mills have long been demanding the state government to abolish the system of reserving molasses for distilleries

UP co-op banks to lend Rs 3,221 cr to sugar mills ahead of crushing season

Estimated working capital needs of the units rises 20% this season, state govt to stand guarantor for loans

Sugar mills in Uttar Pradesh to start crushing from October-end

The sugarcane department said it had effected some amendments for the benefit of bona fide farmers and to weed out 'sugarcane mafia' and unscrupulous complicity of government and mill officials

Profit margins of sugar mills likely to rise by 5-6% in one year

4 MT of buffer stocks to help raise sugar prices by 8-9%, reduce inventory cost by 33%

UP sets August 31 deadline for mills to settle Rs 8,200 crore cane arrears

Bajaj Hindusthan, Simbhaoli among top defaulters in setting farmers' dues

UP opens Rs 500 crore revenue stream for beleaguered sugar mills

Under levy, UP sugar mills are obligated to supply 12.5 per cent of their molasses stock to distillers/country liquor manufacturers

Tamil Nadu private sugar mills plead for relief due to shortage of rain

There are 25 private mills and 18 run by co-operatives; around a dozen are not crushing this year, say industry sources