Rahul Dhingra @Rahulzippy

Its is well

The Indian government's decision today to lift curbs on ethanol production from sugarcane and certain sugar by-products — initially imposed in December 2023 — has sparked positive momentum in the market, with major sugar stocks seeing gains of 3% to 7%. This policy shift is a strategic move to boost ethanol output while carefully balancing sugar availability and biofuel goals. Notably, the Minimum Support Price (MSP) of sugar has remained unchanged at Rs 31 per kg since 2019, despite sugar mills being legally required to pay farmers a "fair and remunerative" price which increases annually. This has created mounting pressure on sugar mills to call for an increase in the MSP. The government may now be in a position to address this expectation due to changing market dynamics. With India's sugar production in FY25 projected to be around 34.5 MMT and consumption expected to be ~28 MMT, diverting more sugarcane for ethanol production would help increase market prices of sugar. This potential for price improvement, coupled with the expanded ethanol production capacity, is viewed as a positive development for sugar stocks. In tandem, the government has permitted distilleries to purchase up to 2.3 million tonnes of rice from the Food Corporation of India (FCI) for ethanol production over the next two months. The FCI currently holds a substantial 50.5 million tonnes of rice, well above the buffer norm of 13.5 million tonnes. This strategic move addresses the challenge of managing the surplus rice stock, which was contributing to rice price inflation due to the difficulties the government faced in selling it back into the market. By diverting part of this excess stock for ethanol production, the government is putting it to good use. Interestingly, these developments coincide with recent wildfires in São Paulo, Brazil, the world's largest sugar-producing region. The impact of these fires could potentially reduce Brazil's total sugar output by up to 10% and global sugar production by approximately 3%. This situation is likely to drive up sugar prices, benefiting Indian sugar stocks. Moreover, Brazil may divert more sugarcane away from ethanol production, potentially leading to an appreciation in global ethanol prices. India's ethanol blending targets for fuel have been a key factor behind these policy changes. The country has seen significant progress, with ethanol blending in petrol increasing from 1.5% in 2013-14 to 15.8% as of July 2024. This represents substantial progress towards India's goal of achieving 20% ethanol blending by 2025. Looking ahead, the government is also exploring the possibility of blending 5% ethanol in diesel (ED-5), further expanding its biofuel program. This initiative, while still in its experimental stages, demonstrates India's commitment to reducing its dependence on fossil fuels across different transportation sectors. The push for increased ethanol blending is driven by compelling economic and environmental factors. In the fiscal year 2024, India's domestic consumption of petroleum products rose by 4.6% year-on-year to a record 233 million tonnes (87.7% oil import dependency). These statistics underscore the urgency of India's pursuit of alternative fuel sources. While reaching a blending target of 20% would further cut oil import bills, it's important to note that import volumes would nevertheless keep increasing due to rapidly expanding overall fuel requirements. A considerable reduction in oil imports can only be achieved by increasingly shifting to electric vehicles. #SugarStocks #Ethanol #EnergySecurity #SustainableFuel #GreenTransportation #Biofuels #MSP #ClimateAction #SustainableEnergy #EnergyIndependence #RenewableEnergy #EconomicGrowth #AtmaNirbharBharat *Also see x.com/swaminathankp/…

Swaminathan Padmanabhan @swaminathankp

2 years ago

In our previous post*, we explored the Indian government's push for ethanol blending in petrol as a strategy to reduce oil imports and curb carbon emissions. Today, let's delve deeper into the nuances of ethanol production and usage, examining its impact on groundwater, public

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Everything You Can Do in Excel

@ChouhanShivraj @narendramodi Thank you sir

@SamsungIndia Still no action @SamsungIndia @Samsung

What a pathetic service by @SamsungIndia @Samsung !!! I have purchased a 5 star rated 1.5 ton split AC from verma electronics, Rohtak - Haryana. It is been 7 days now, 3 calls to Samsung customer care, numerous follow ups with samsung care Rohtak at +919254071671

@Samsung @SamsungIndia i am ready to pay your ransom amount. Plz don't punish a family in this heat. Charge whatever you want but plz instal my AC

@SamsungIndia @Samsung Rejecting my calls will not stop me. Refund my money if you cannot provide installation

Rahul Dhingra @Rahulzippy

2 years ago

What a pathetic service by @SamsungIndia @Samsung !!! I have purchased a 5 star rated 1.5 ton split AC from verma electronics, Rohtak - Haryana. It is been 7 days now, 3 calls to Samsung customer care, numerous follow ups with samsung care Rohtak at +919254071671

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@Samsung @SamsungIndia has now stopped taking my calls. No one for customers, how do i initiate a refund?

Rahul Dhingra @Rahulzippy

2 years ago

Check out my latest article: BHAGWAT GITA: MY ULTIMATE COMPANION @ WORK linkedin.com/pulse/bhagwat-… via @LinkedIn

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Check out my latest article: BHAGWAT GITA: MY ULTIMATE COMPANION @ WORK linkedin.com/pulse/bhagwat-… via @LinkedIn

Dear All, I don’t want to end this year on bad terms with anyone. APOLOGISE TO ME.

@Bitt2DA Wooden flooring near chulha?

Check out my latest article: The Art & the Science behind F2DF customer outreach and how the Math have always worked out? linkedin.com/pulse/art-scie… via @LinkedIn @F2DF11

Check out my latest article: inversion des rôles linkedin.com/pulse/inversio… via @LinkedIn @F2DF11

@DetheEsha Thanks for replying.

@DetheEsha pranaam! My sincere gratitude for this thread. Can we please connect? Would love to chat offline with you

🇮🇳 Esha(এষা) SenGupto Dethe @D_Esha23

3 years ago

Secret messege that Indian Sweets carry Positive Psychology & Message. It's all about Perspective". 1. Jalebi : Your Shape doesn't matter, your nature does. No matter how messed up you look or life is, keeping a sweet tone will always help.

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@F2DF11 Plz find her and see if we can arrange a cart with roof.

Do you remember when you joined Twitter? I do! #MyTwitterAnniversary

#SubhashChandraBoseJayanti A tribute to the the first PM of undivided #India. youtu.be/dm1d9-ufLTU

Farmers#F2DF