IOCL to set up Rs 766 crore ethanol plant at Panipat

New Delhi: Furthering the Government of India’s commitment in promoting the use of environmentally friendly products, the Ministry of Environment, Forest and Climate Change has given Environment Clearance to Indian Oil Corporation Limited (IOCL) to set up new 2G Ethanol plant at Panipat.

The Union Minister of Environment, Forest & Climate Change (MoEFCC) and Information & Broadcasting, Shri Prakash Javadekar announced this in a tweet yesterday.

IOCL had earlier submitted a proposal seeking Environmental Clearance for its proposed 100 KLPD Ligno-Cellulosic 2G Ethanol Plant in Baholi, Panipat district of Haryana. The estimated investment in setting up the plant is Rs 766 crore. It is noteworthy to mention that Central Government has identified production and use of ethanol as one the thrust area to reduce import dependency and increase farmers’ income. The Ethanol produced will be used for blending in transportation fuel.

It is also pertinent to highlight that recently the Central Government had declared that no separate environmental clearance is required to produce additional ethanol from B-heavy molasses as it does not contribute to the pollution load, giving further benefits to farmers and the sugar industry.

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