Mr. Tarun Sawhney shares TEIL's expansion plans for ethanol production in an interview with The Hindu Business Line. During the interview, Mr. Sawhney also shared useful insights about the current scenario of the sugar industry.
Sugar production estimated around 30.2 million tonnes in the Sugar Season (SS) 2020-21, with a likely diversion of over 2 million tonnes for ethanol production (Previous season 2019-20 - ~ 27.42 million tonnes and 0.8 million tonnes diverted for ethanol production)
Sugarcane crushing ongoing in all the seven sugar mills; Sugarcane crushed 2.81 million tonnes @ a recovery of 10.19% (Gross Recovery of 10.93% after adjustment on account of B-heavy molasses) in Q3 FY 21
1.82 lakh tonnes quota for exports for 2020-21 under the MAEQ programme
Strong ethanol production and sales – growth of 11% and 24%
Muted performance of Power Transmission business in the quarter. Expected to make up in Q4 FY 2021.
WBG has participated in several tenders –domestic and international. New orders expected in Q4 FY 2021/ Q1 FY 2022.
Encouraging trends of recovery but uncertainty remains over the return in normalcy in order booking
Outstanding order book of ₹988 crore for combined Engineering Businesses.