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IOC aims to set up Rs 600 cr ethanol plant at Panipat

The Indian Oil Corporation is going to set up a Rs 600 crore plant for producing second generation ethanol at Panipat in Haryana.

According to an official spokesperson, the state government has accepted the investment proposal that was approved by the empowered executive committee at its meeting.

He said that “The plant will use plant waste, stubble, husk and straw to produce 100 KL of ethanol every day. The state government has agreed to provide land either on nominal lease or free of cost. Billed to be the largest such plant in the country.

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