Uttar Pradesh (UP) based sugar companies are in focus as the UP government has been sent a letter from the Central Ministry on scrapping the State Advised Price (SAP) on sugarcane. In an interview to CNBC-TV18, Tarun Sawhney, Vice Chairman & Managing Director of Triveni Engineering & Industries spoke about the same.

Hike in FRP by Rs 30-40/quintal could be dangerous: Triveni Eng

In an interview to CNBC-TV18's Reema Tendulkar & Prashant Nair, Tarun Sawhney, VC & MD of Triveni Engineering & Industries said that hike in fair and remunerative price (FRP) by Rs 30-40 per quintal could be dangerous.

Decision not to hike cane price in UP +ve for sugar cos: Tulsian

The Uttar Pradesh (UP) government has kept the cane price unchanged at Rs 280 per quintal, which could be net positive for some sugar companies. This price has been constant for the third year now.

Govt incentives to aid sales; expect better H2: Triveni

Speaking to CNBC-TV18, Tarun Sawhney, Vice-Chairman & MD, Triveni Engineering says gap between cost of production and sale price will be filled by the government‘s subsidies.

Sugar arrears to go down to Rs 11k cr plus: Triveni Engg

In an interview with CNBC-TV18, Sawhney said that despite the financial assistance, there will be arrears, which need to be addressed by the Central government.

Ethanol procurement price to aid ind revenue growth: ISMA

ISMA director general Abhinash Verma believes the sugar industry will see better realizations with the new price. The industry revenue will increase by nearly Rs 5,000 crore, he adds.

UP sugar industry in crisis, banks refuse to help: Triveni

The UP sugar industry is in a devastating situation at this point in time with the losses for the last fiscal year crossing Rs 3,000 crore, the highest in history. However, the industry hopes government to take some measures soon on the cane pricing policy going ahead, says Tarun Sawhney.

Triveni Eng to aim long-term orders post Sugar decontrol

Triveni Engineering & Industries hopes to gain Rs70-80 crore on account of removal of 10 percent sugar levy quota

Sugar Decontrol: Rangarajan report is 'incredible', says Triveni Engg

Dhruv M Sawhaney, chairman and managing director, Triveni Engineering says Rangarajan report is absolutely incredible. "This report will cater to all three sections—farmers, industry and consumers. All the recommendations are very forthright in bringing this sector into the main stream," he adds.