Balrampur Chini Mills Limited CC-Mar25.pdf · 2025-05-16
I have a few questions on ethanol part. Given the fact that there is no increase in the ethanol prices, is it safe to say that now the industry -wise capacities are enough to sort of meet 20% blending? And the government was not very keen, it seems, that they will take this 20% to further up, because there was one statement by the Oil and Gas Minister that there is no such plan as of now. So, you think that now government is comfortable about the fact that there is enough capacity to meet 20% and they will not give any price hike or they're not sort of keeping the formula of FRP linkage with ethanol price.
In a similar context, you mentioned about the maize ethanol price at Rs. 71.86 per liter. So how is the economics given the fact that maize prices have also come down and probably enough availability of rice? How are the margins in grain ethanol and what are our plans? Because I think we still have fungible capacity to the tune of Rs. 10 crore. Maybe we'll do only Rs. 5 or 6 crore liter. But what is our plan and what are the margins in the grain ethanol?