India's ethanol blending program will not be at the cost of food production, says ISMA

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Earlier, the government said around 17 million tonnes of surplus foodgrains will be utilised, apart from sugarcane molasses, for manufacturing ethanol to achieve the target of 20 per cent blending with petrol by 2025.

from Agriculture-Economy-News-Economic Times https://ift.tt/3iksB27

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NCLAT set aside CCI order imposing penalty on 18 sugar mills, 2 trade associations

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The National Company Law Appellate Tribunal (NCLAT) has set aside a penalty of Rs 38.05 crore imposed by the Competition Commission of India (CCI) on 18 sugar mills and two trade associations. The penalty was related to bid rigging in a joint tender for ethanol procurement. The NCLAT ruled that the CCI's order was illegal and did not comply with the principles of natural justice. from Agriculture-Economy-News-Economic Times https://ift.tt/UwRa5Jc
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