City
Epaper

BPCL plans ethanol plant in Telangana with Rs 1,000 cr investment

By IANS | Published: July 13, 2021 5:54 PM

Hyderabad, July 13 Bharat Petroleum Corporation Ltd (BPCL) has evinced interest in setting up a first generation ethanol ...

Open in App

Hyderabad, July 13 Bharat Petroleum Corporation Ltd (BPCL) has evinced interest in setting up a first generation ethanol production plant in Telangana, at an investment of Rs 1,000 crore.

A high-powered team of the public sector company called on Telangana's Principal Secretary, Industries & Commerce, Jayesh Ranjan, here on Tuesday to express interest in setting up the plant with a capacity of 5 lakh litres per day.

This meeting came after the Central government announced a favorable policy to increase ethanol production in the country.

The BPCL team was led by its Executive Director, Bio Fuels, Anurag Saraogi, and included ED, Engineering and Products, L.R. Jain, and Project Leader, KHPL Project, B. Manohar.

Saraogi pointed out that Telangana is ethanol deficient as on date, considering 10 per cent blending requirements in motor spirit. ln view of 20 per cent blending targets by 2025-26 as per the road map document released by Niti Aayog and the Petroleum and Natural Gas Ministry in June 2021, the BPCL is planning to set up a 500 KLD capacity grain based first generation ethanol plant.

This will not only facilitate the production of first generation ethanol and contribute revenue to the state, but will also generate huge direct and indirect employment in the state. This project will also go a long way in reducing air pollution.

The delegation told the official that for setting up the project, they need about 100 acres of land having proximity to source of water as the plant requires about 4,000 KL day of water for its regular operations.

Ranjan assured that the Telangana government will extend all necessary support to set up the plant and allotment of land along with necessary clearances will be fast tracked.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Federation of Bangladesh Chambers of Commerce & IndustriesAnurag saraogiBharat Petroleum Corporation LtdJayesh ranjan
Open in App

Related Stories

InternationalUP to have 6609 new fuel outlets

BusinessBharat Petroleum Pioneers Ethanol Blended Diesel and Flex Fuel Program, Revolutionizing Sustainable Transportation

InternationalFlipkart expands footprint in Telangana with new fulfillment centre

BusinessBPCL launches 6 Highway Corridors for Fast-Charging of e-vehicles

International'Telangana on a mission to emerge as women entrepreneurs' hub'

International Realted Stories

InternationalAll Israeli crossings with Gaza must be opened, says Egyptian FM

InternationalUAE President receives phone call from President of Democratic Republic of Congo

InternationalFlash floods kill 50 in Ghor province of Afghanistan

InternationalPakistan Deputy PM, Federal minister to leave for Kyrgyzstan amid violence against students

InternationalMansoor bin Mohammed attends closing of inaugural School Games at Expo City