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IOCL gets environment clearance to set up Rs 766-cr 2G ethanol plant in Panipat

Press Trust of India  |  New Delhi 

The Ministry of has granted clearance to the Indian Oil Corporation Ltd (IOCL) to set up a Rs 766-crore 2G ethanol plant in Haryana's Panipat district.

Making the announcement through a tweet on Sunday, Union Minister Prakash Javadekar said, "Happy to inform that Clearance is given to IOCL to set up new 2G Ethanol plant in Panipat."

He also said that the project would help in achieving the goal of doubling farmers' income.

"This project not only promotes use of environment friendly fuel but also aids in fulfilment of government's goal of doubling farmers' income," he tweeted.

The IOCL had submitted a proposal seeking environment clearance for its proposed 100 KLPD Ligno-Cellulosic 2G ethanol plant at Baholi in Panipat district of Haryana.

The estimated investment in setting up the plant is Rs 766 crore.

Ethanol produced will be used for blending in transportation fuel, an official source said.

Recently, the central government had notified that no environmental clearance would be required by sugar mills to produce additional ethanol from sugarcane juice.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, November 10 2019. 17:10 IST