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IOCL gets environment ministry nod to build Rs 766-crore 2G ethanol plant in Panipat

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

twitter-logo PTI        Last Updated: November 10, 2019  | 18:50 IST
IOCL gets environment ministry nod to build Rs 766-crore 2G ethanol plant in Panipat
The estimated investment in setting up the 2G Ethanol plant is Rs 766 crore

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

Making the announcement through a tweet on Sunday, Union Environment Minister Prakash Javadekar said, "Happy to inform that Environment 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.

Also Read: Indian Oil Corporation starts home delivery service of diesel

"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.

Also Read:Indian Oil Corp plans $28 billion investment in 5-7 years: Chairman Sanjiv Singh

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.

Also Read: Indian Oil Q2 profit nosedives 83% to Rs 563 crore on inventory loss; revenue down 13%

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