Sugarcane is crushed in a sugar factory that primarily extracts sugar syrup and fiber which is called bagasse. Bagasse is used to generate electricity, the excess power generates is then sold to the electricity companies.
Sugar industry is poised to change drastically over the coming years from cyclical to structural.
We can fall in the footsteps of Brazil which produces ethanol and sugar equally from sugarcane and reduce the overcapacity issue of industry.
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Sugarcane is crushed in a sugar factory that primarily extracts sugar syrup and fiber which is called bagasse. Bagasse is used to generate electricity, the excess power generates is then sold to the electricity companies.
Molasses can be further processed to generate ethanol and alcohol
The sugar industry is heavily regulated by the government as there are only 550 sugar factories that support the livelihood of around 11 crore people directly or indirectly.
The sugar industry has always been cyclical, impacted by the overproduction of sugar..
The cyclical nature of the industry is poised to change due to the ethanol opportunity, the government has announced an ethanol blending target of 20% to be achieved by 2025
Price trend of ERP, SAP, and MSP over the years:
Cane arrears trend:
Indian sugar companies have been struggling primarily due to more supply than demand in the local market and they are unable to export as international sugar prices are lower than their cost of production, this makes export uneconomical.
Exports also have become remunerative despite cut in export subsidy by 44%
Sugar companies have three options to utilize sugar syrup:
•Option 1: Heating the syrup thrice generating C heavy molasses, yielding 11%-11.5% sugar
•Option 2: Heating the syrup twice generating B heavy molasses, yielding 9%-9.5% sugar
This leads to the following yield and revenue generation per tonne of sugarcane:
Indian sugar industry’s rough business split is 60%-65% sugar, 20%-25% ethanol, and 10%-15% electricity generation. This is bound to change due to the higher cyclicality of sugar prices with large working capital requirements as compared to ethanol production..
This sugar industry in Brazil (which is most advanced) diverts sugarcane production in the following manner:
https://t.co/ADtGvps5qN
*Highest ethanol capacity in India* @omkaracap
— Varinder Bansal \U0001f1ee\U0001f1f3 (@varinder_bansal) June 3, 2021
Renuka: 730 KLPD (+320 KLPD expansion)
Balrampur: 520 KLPD (+320 KLPD expansion)
Dhampur: 400 KLPD (+100 KLPD expansion)
Dalmia: 280 KLPD (+ 180 KLPD expansion)
DCM Shriram Ltd: 350 KLPD (not announced)
Triveni: 320 KLPD pic.twitter.com/3stOPWz9Re
You can still watch:
https://t.co/BmHKxtl5O5
THE BASICS ON THE SUGAR INDUSTRY IS LIVE
— Varinder Bansal \U0001f1ee\U0001f1f3 (@varinder_bansal) May 7, 2021
FULL\u2764\ufe0fSE, NO JARGONS with @omkaracap
SUBSCRIBE & LEARN: https://t.co/kxlSwbxDhP pic.twitter.com/mPsdBLcHNl
More from Sugar
1500 Cr liter ethanol x Rs 60 = 90000 Cr revenue expectation per year.
Still they say it's a noise!
Sweet sugar. Many still hate commodities. Lesson: never be rigid in investment. https://t.co/lSr2CpeMMn
— Varinder Bansal \U0001f1ee\U0001f1f3 (@varinder_bansal) June 28, 2021
D: OWN/ BIASED/ ADVISED
Thanks, ET for quoting me. But a slight warning that Renuka is still using ~75% of existing ethanol capacity & ~60% of enhanced capacity this year vs Balrampur 95%. The key is to monitor CU going ahead (and of course Wilmar stand on 300 mn loan to co)
— Varinder Bansal \U0001f1ee\U0001f1f3 (@varinder_bansal) June 10, 2021
D: OWN/ BIASED/ ADVISED pic.twitter.com/wgPAcYHtnR
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There is co-ordination across the far right in Ireland now to stir both left and right in the hopes of creating a race war. Think critically! Fascists see the tragic killing of #georgenkencho, the grief of his community and pending investigation as a flashpoint for action.
Across Telegram, Twitter and Facebook disinformation is being peddled on the back of these tragic events. From false photographs to the tactics ofwhite supremacy, the far right is clumsily trying to drive hate against minority groups and figureheads.
Be aware, the images the #farright are sharing in the hopes of starting a race war, are not of the SPAR employee that was punched. They\u2019re older photos of a Everton fan. Be aware of the information you\u2019re sharing and that it may be false. Always #factcheck #GeorgeNkencho pic.twitter.com/4c9w4CMk5h
— antifa.drone (@antifa_drone) December 31, 2020
Declan Ganley’s Burkean group and the incel wing of National Party (Gearóid Murphy, Mick O’Keeffe & Co.) as well as all the usuals are concerted in their efforts to demonstrate their white supremacist cred. The quiet parts are today being said out loud.
There is a concerted effort in far-right Telegram groups to try and incite violence on street by targetting people for racist online abuse following the killing of George Nkencho
— Mark Malone (@soundmigration) January 1, 2021
This follows on and is part of a misinformation campaign to polarise communities at this time.
The best thing you can do is challenge disinformation and report posts where engagement isn’t appropriate. Many of these are blatantly racist posts designed to drive recruitment to NP and other Nationalist groups. By all means protest but stay safe.
Whenever we chant a Mantra in Sanskrit, it starts with 'Om' and mostly ends with 'Swaha' or 'Namaha'. This specific alignment of words has a specific meaning to it which is explained in Dharma Shastra.
Mantra is a Sanskrit word meaning sacred syllable or sacred word. But Mantras r not just words put together,they r also vibrations.The whole Universe is a cosmic energy in different states of vibration &this energy in different states of vibration forms the objects of Universe.
According to Scriptures,Om is considered to be ekaakshar Brahman,which means Om is the ruler of 3 properties of creator,preserver&destroyer which make the https://t.co/lyhkWeCdtv is also seen as a symbol of Lord Ganesha, as when starting the prayer,it's him who is worshipped 1st.
'Om' is the sound of the Universe. It's the first original vibration of the nothingness through which manifested the whole Cosmos. It represents the birth, death and rebirth process. Chanting 'Om' brings us into harmonic resonance with the Universe. It is a scientific fact.
Therefore, Mantras are described as vibrational words that are recited, spoken or sung and are invoked towards attaining some very specific results. They make very specific sounds at a frequency that conveys a directive into our subconcious.