Investment: Odisha gives nod to three ethanol plants

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Bhubaneswar: The Odisha government on Friday approved seven industrial projects worth Rs 2083.88 crore, including three grain-based ethanol plants. The State Level Single Window Clearance Authority (SLSWCA) headed by Chief Secretary Suresh Chandra Mahapatra approved the proposals.

According to the news report published in The Times of India, the Indian Oil Corporation Limited (IOCL) will invest Rs 870 crore to set up a 500 KLPD grain based ethanol plant and 8MW power plant at Balgopalpur near Balasore.

The SLSWCA has also given permission to the Hindustan Petroleum Corporation Limited (HPCL) to set up a 500 KLPD capacity ethanol plant at Umerkote in Nabarangpur. HPCL will invest Rs 500 crore for setting up the plant.

Similarly, another 100 KLPD plant along with a biogas plant and co-gen power plant by Mumbai-based Newalt Energy Private Limited at Nuakheta near Bantala in Angul district also received the nod.

According to the officials, these three plants will help in increasing the ethanol production capacity in the state.

With an aim to achieve the ethanol blending target set by the Central government, Odisha has boosted its ethanol production. Recently government had advanced the ethanol blending target from 2030 to 2025. The roadmap for ethanol blending in India 2020-25 was released by Prime Minister Narendra Modi on June 5 this year on the occasion of World Environment Day.

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