Petrol at the Lowest price: If this plant is established then petrol will be available at the lowest price in Gujarat

An estimated Rs. A 500 KLD bioethanol plant will be set up with an investment of Rs.1000 crore: Gandhinagar

In the name of the Prime Minister of a self-reliant India, Gujarat was considered an important step. Gujarat is committed to achieve Prime Minister Narendra Modi's goal of 20% ethanol blending in petrol by 2025. The MoU between GACL and GAIL was concluded in Gandhinagar in the presence of Chief Minister Bhupendra Patel. The estimated annual cost of this bioethanol plant is Rs. 1500 crore turnover will be done. About 700 people will get direct or indirect employment. Declining crude oil imports will save US 70 70 million a year on foreign exchange.

MOU for setting up a bioethanol plant in the state was concluded in Gandhinagar between Gujarat Government's venture Gujarat Alkalis and Chemicals Limited-GACL and Government of India's Venture Gas Authority of India Limited-GAIL. Under this MOU signed in the presence of Chief Minister Bhupendra Patel, a bioethanol plant with a capacity of 500 kiloliters per day will be set up in Gujarat with an investment of approximately Rs.1000 crore. The MOU was signed by Milind Torvane, Managing Director, GACL and M.V. Aiyar signed.

Prime Minister Narendra Modi has launched a roadmap for 20 per cent ethanol blending in petrol by the next 20 years with the aim of saving foreign exchange by reducing crude oil imports in the country with the determination of a self-reliant India. This bioethanol plant set up in Gujarat in collaboration with GACL and GAIL will be an important milestone in realizing this goal of the Prime Minister and realizing the name of a self reliant India from a self reliant Gujarat. The plant will produce 500 KLD (kiloliters per day) of bioethanol using eco-friendly technology using corn or rice husk as feedstock. The by-product will receive approximately 135 ktpa of protein-rich animal feed and 16.50 ktpa of corn-oil.

The estimated annual cost from this bioethanol plant is Rs. 1500 crore turnover and approximately 700 people will get direct or indirect employment. In addition, the reduction in crude oil imports will result in an estimated US 70 million in savings per year on foreign exchange. Not only that, the massive purchase of maize by the farmers will open new avenues of income for them and also increase the economic prosperity of the maize farmers. Chief Minister's Principal Secretary Kailasanathan, Additional Chief Secretary Pankaj Joshi, GAIL CMD Manoj Jain and senior officials were also present on the occasion.

You might also like