{"id":626137,"date":"2024-01-03T10:51:03","date_gmt":"2024-01-03T05:21:03","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=626137"},"modified":"2024-01-03T11:54:00","modified_gmt":"2024-01-03T06:24:00","slug":"increase-in-ethanol-procurement-price-by-omcs-welcomed","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/increase-in-ethanol-procurement-price-by-omcs-welcomed\/","title":{"rendered":"Increase in ethanol procurement price by OMCs welcomed"},"content":{"rendered":"<p>In a big relief to the sugar industry in the election year, the Oil Marketing Companies (OMCs) have announced a Rs 6.87 per litre increase in the procurement price for ethanol produced from C Heavy Molasses for the 2023-24 season that started in November. The hike in price will immensely boost the finances of the cane-based ethanol makers. <\/p>\n<p>Indian Sugar &amp; Bio-energy Manufacturers Association (ISMA) has welcomed the decision. In a statement ISMA said, \u201cThe industry appreciates the incentive of Rs. 6.87 per litre on supply of ethanol from C Heavy Molasses that takes the price to 56.28\/ litre.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a big relief to the sugar industry in the election year, the Oil Marketing Companies (OMCs) have announced a Rs 6.87 per litre increase in the procurement price for ethanol produced from C Heavy Molasses for the 2023-24 season that started in November. The hike in price will immensely boost the finances of the cane-based ethanol makers. Indian Sugar &amp; Bio-energy Manufacturers Association (ISMA) has welcomed the decision. In a statement ISMA said, \u201cThe industry appreciates the incentive of Rs. 6.87 per litre on supply of ethanol from C Heavy Molasses that takes the price to 56.28\/ litre.\u201d<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,211,144],"tags":[],"class_list":["post-626137","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/626137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=626137"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/626137\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=626137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=626137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=626137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}