EID Parry Chalks out Expansion Plans to Tap Ethanol

(PTI/Money Control) The company has obtained in-principle approval from the Department of Food and Public distribution, for its expansion under the central government scheme, extending financial assistance to mills for enhancement and augmentation of Ethanol production capacity.

The city-based company in its annual report said it has secured permission from the Tamil Nadu government to convert six lakh litres of impure spirit to Ethanol at Nellikuppam and three lakh litres of impure alcohol to Ethanol at Sivaganga in the State.

The company's Sankili unit (Srikakulam) has started the production of Ethanol from B Heavy molasses for the first time, during the year 2018-19, with a total output of 91.95 LL of ethanol.

Stating that the three major oil marketing companies have released tenders for supply of 329 crore litres of Ethanol between December 1, 2018 and November 30, 2019, it includes 66 crore litres planned for sourcing from B heavy molasses, sugarcane juice and damaged food grains, the report said.

On the sugar business which contributes 72 percent of the total revenues, the company said, due to the continuous non-availability of sugarcane forced the company to close its factory in Puducherry which had remained idle during the last four years.

"For the year 2018-19, the sugarcane availability in Tamil Nadu was low, due to widespread drought affecting a major section of the command area, however, the cane crushed was better than previous year," it said.

There was a considerable decline in the cane production during the last few years due to deficit rainfall and farmers shifting to other crops. READ MORE