Introduction:
Ethanol is simply pure alcohol—the same substance that gets you in trouble on Saturday nights—and it’s the most common of the alternative biofuels that’s finding its way into people’s gas tanks. It can be manufactured from a variety of materials, although corn and sugarcane are the most prevalent.
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Ethanol from maize, beets, and sugarcane competes directly with the food supply, driving up the cost of other foods and grain-fed meats. Farmed ethanol crops erode soil and employ hazardous industrial agrochemicals that can contaminate water supplies. Ethanol is a relatively low-cost alternative fuel that emits less pollution and is more readily available than unblended gasoline, but it has a number of advantages and disadvantages.
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Highlights:
- Only 25 of India’s 360 distilleries are dual feed distilleries.
- Dual feed distilleries that produce ethanol from molasses and grain can provide ethanol throughout the year.
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- Ethanol distilleries based on maize and grains (millets and broken rice) may be established in various sections of the country.
- Rainfed circumstances can be used to grow maize and millets. In comparison to sugarcane, these crops require far less watering.
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Government Approves Bio-Ethanol Procurement:
The Cabinet Committee on Economic Affairs has given its approval to the following pricing for bio-ethanol procurement by Oil Marketing Companies (OMCs) for the Ethanol Blended Petrol (EBP) Program:
- The mandatory ethanol blending with gasoline of 5%, as previously decided by the CCEA, should be implemented across the country, for which the Ministry of Petroleum & Natural Gas will issue a gazette notification for the OMCs to implement beginning with the 2012-13 sugar season, effective December 1, 2012.
- Ethanol procurement prices will henceforth be determined by OMCs and ethanol providers.
- In the event of a domestic supply shortage, OMCs and chemical firms are free to import ethanol.
It is envisaged that 5% bio-ethanol will be blended with gasoline sold in all of the country’s states and territories. The EBP Program is now being implemented in 13 states, with a blending level of around 2% compared to a mandated aim of 5%.
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Market Outlook:
In 2019, the worldwide ethanol market was estimated at USD 89.1 billion, with a compound annual growth rate (CAGR) of 4.8 percent expected from 2020 to 2027. The increased use of the product as a biofuel is driving demand for the product. Another key aspect driving market expansion is the increased usage of alcoholic beverages. Both natural and petrochemical feedstocks can be used to make ethanol. Natural sugars are fermented in the presence of yeast in the natural process. Because of the surge in shale gas output, ethylene production is expanding.
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As oil output declines and additional ethylene capacity comes online, the market is projected to become overstocked with ethylene, resulting in ethanol production stagnation. To combat the problem of increased air pollution caused by automobiles, ethanol is combined with gasoline up to quantities of 10% and 15%. Alcoholic beverages containing ethanol, which were once considered a luxury item, are now gradually becoming a need in the majority of households around the world. The entrance of premium products into the market is a major trend that is propelling growth.
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Key Players:
- A K C Developers Ltd.
- Bharat Renewable Energy Ltd.
- Costal Energy Ltd.
- First Energy Pvt. Ltd.
- K B K Chem-Engineering Pvt. Ltd.
- P S A Nitrogen
- Uttranchal Biodiesel Ltd.
- Xtraa Cleancities Ltd.
- Yantra Fintech (India) Ltd.
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