The National Federation of Cooperative Sugar Factories (NFCSF) has announced that the central government’s decision to permit the utilization of 7 lakh tonnes of B Heavy Molasses for ethanol production will be advantageous for the sugar industry. According to the NFCSF, this move will enable the sugar industry to generate a revenue of Rs 2300 crores. The NFCSF represents the cooperative sugar mills in India, and it believes that this decision will have a positive impact on the cooperative sugar sector as a whole.
B Heavy Molasses, a by-product of the sugar industry, has been diverted for ethanol production under the government’s Ethanol Blending Program (EBP). This decision will not only help in maximizing the use of this by-product but also reduce the country’s dependence on imported crude oil.
Ethanol, a biofuel extracted from sugarcane molasses, is an environment-friendly alternative to fossil fuels. Its blending with petrol reduces carbon emissions and contributes to a cleaner environment. By utilizing B Heavy Molasses for ethanol production, the sugar industry will not only earn additional revenue but also contribute to the government’s mission of achieving energy security and reducing the country’s carbon footprint.
The NFCSF’s statement highlights the importance of the sugar cooperatives in India and their role in the economic growth of the country. The cooperative sugar mills play a crucial role in supporting the sugarcane farmers and ensuring the availability of sugar and its by-products. By allowing the use of B Heavy Molasses for ethanol production, the government is providing a much-needed boost to the sugar industry, which has been facing various challenges in recent years.
In conclusion, the decision to divert B Heavy Molasses for ethanol production is a significant step towards promoting sustainability and energy security in the country. It not only benefits the sugar industry by generating additional revenue but also contributes to the government’s efforts in reducing carbon emissions and achieving a cleaner environment. With the support of the cooperative sugar mills, India can pave the way for a more sustainable and self-reliant future in the energy sector.