Boost to ethanol: Bihar’s industries minister meets Piyush Goyal in Delhi

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Patna: Syed Shahnawaz Hussain, industries minister, Bihar has demanded that the ethanol units of Bihar should get the benefits of the Centre’s subsidy scheme.

He met Union food, public distribution and textile minister Piyush Goyal in Delhi on Wednesday and put forward the demands.

According to the news report published in The Times of India, Hussain demanded that the ethanol units of Bihar also should get benefits of the Centre’s subsidy scheme and the financing scheme of banks, in addition to the seven-year tripartite agreement among ethanol units, banks and oil marketing companies (OMC) for 100 per cent buy-back of ethanol.

Recently, Shahnawaz Hussain had said, “Bihar government has received proposals worth Rs 30,000 crore to set up ethanol manufacturing plants.”

Bihar is the first state in the country that has announced the ethanol production policy. The state is promoting ethanol production with an aim to become one of the leading ethanol producers in the country.

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