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‘Link sugar profitability to ethanol realisation’

DNMUM433391 | 3/14/2019 | Author : Swati Khandelwal | WC :744

India Inc Speaks

Executive chairman, Shree Renuka Sugars Ltd, Atul Chaturvedi, spoke about benefits of sops that were announced for the sugar industry, sugar price, plans for ethanol production and Brazilian operations among others during an interview with Swati Khandelwal of Zee Business.

Will the announced government sops like the loan facility to sugar companies and ethanol production have any positive impact on your company?
It will have a positive impact on our company as we are quite active in ethanol, at present. In fact, we have also doubled our capacity in ethanol. We also produce power and have been active in the sugar sector. Thus, the announced sops, subsidy and incentive schemes, will benefit the sugar sector a
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