OMCs not lifting enough ethanol in some states: ISMA
The hike in petrol prices has affected ethanol supplies from sugar mills across the country. The Indian Sugar Mills Association (ISMA) has said oil marketing companies (OMCs) in some states do not seem to be fully geared up to take more quantity of ethanol.
“Sugar mills are “facing difficulties in lifting of ethanol by OMCs”, even though they have allocated about 325 crore litres of supplies in 2020-21. It seems that OMCs and their depots are not fully geared up, especially in newer depots and states, to take more quantities of ethanol,” Abhinash Verma, director general of ISMA, said.
In a letter submitted to the secretary, Department of Food, ISMA has said around 292 crore litres of ethanol supply contracts have been signed for the current supply year 2021, which have been allocated among various depots across the country. However, ethanol suppliers are not receiving monthly indents on time from depots and the oil companies for supplies as per the contracts.
