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Allied Industry

Cabinet approves FRP of sugarcane payable by sugar factories for sugar season 2024-25

Fixed FRP of sugarcane at Rs. 340 per quintal for a basic recovery rate of 10.25% which is about 8 per cent higher than FRP of sugarcane for current season…

Blue Planet acquires majority stake in Mahindra Waste to Energy

The collaboration fosters innovation in the waste-to-energy sector, leveraging unique technologies, research capabilities, and intellectual property from both companies. Singapore based Blue Planet Environmental Solutions Pte. Ltd. (Blue Planet®), a…

Shree Renuka Sugars remains steadfast and progressing ahead in Q3 FY24

The operating performance continues to be driven by higher Revenues and EBITDA due to improved realizations across all segments. Shree Renuka Sugars Limited – one of India’s largest sugars and…

Praj Industries reports Rs 704.143 Mn PAT in Q3FY24

Company reports Rs 8,286.226 million incomes from operations in Q3 FY24. Praj Industries (Praj) announced its unaudited financial results for the quarter and nine months ended Dec 31, 2023. Income…

CMFRI and Neat Meatt partners for India’s first cultivated fish

The Memorandum of Understanding (MoU) outlines that the Central Marine Fisheries Research Institute (CMFRI) will research early cell line development The Central Marine Fisheries Research Institute of India has joined…

LanzaJet opens world’s first ethanol-to-sustainable aviation fuel production facility

This ethanol-based technology is the world’s first viable next-generation SAF technology capable of scaling production to the levels needed to decarbonize aviation through widely available and sustainable feedstock, emerging commercial…

FMC India partnering with GB Pant University completes beekeeping training program in Uttarakhand

 Participants were trained about the intricate process of honeybee pollination and its profound impact on crop yields and quality. FMC India, an agricultural sciences company, has successfully completed its final…

Steakholder Foods adds plant-based shrimps to range of 3D-printed seafood and analogues

Shrimp analogue is the latest in a growing range of proprietary printer capabilities; has the potential to reshape the $68 billion shrimp industry Steakholder Foods Ltd., a leader in cultivated meat and…

Govt imposes 50% export duty on molasses to boost ethanol production

The move aims to increase the availability of B and C heavy molasses for ethanol production. The central government has announced 50 per cent export duty on molasses. The proposed…

Buyofuel launches ‘BuyoTrace’ to redefine standards in the Sustainable Biofuel Market

BuyoTrace is designed to instil confidence among consumers regarding the quality and sustainability of the biofuels they purchase through the platform. Buyofuel, a leading player in the biofuel industry announces…

Standard Chartered Bangladesh contributes BDT 29 Mn to uplift 800 apiculture entrepreneurs

The project will focus on enhancing the marketability of honey products by providing access to certification and forward market linkages Standard Chartered Bangladesh and BASA Foundation are collaborating to foster…

“With farmers’ engagement in energy generation, we’ll be able to produce energy worth Rs 10 lakh crore”

– Nitin Gadkari, Union Minister for Road Transport & Highways, Chief Patron, Agrovision At the 14th Agrovision Summit, India’s Premier Agri Mega Event, held between November 24 and 27, 2023…

India becomes Chair of International Sugar Organisation for 2024 to lead global sugar sector

India achieves 12% ethanol blending with petrol in ESY 2022-23 while the ethanol production has increased from 173 crore litres to more than 500 crore litres during the same period.…

Govt announces mandatory blending of Compressed Bio-Gas in CNG (Transport)

CBG Blending Obligation (CBO) aims to encourage investment and facilitate establishment of 750 CBG projects by 2028-29. CBG Blending Obligation (CBO) will promote production and consumption of Compressed Bio-Gas (CBG)…

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