Panipat to get Rs 900 crore Ethanol plant by Indian Oil Corporation
Chandigarh, Sep 10 (PTI) The Haryana government on Monday signed a Memorandum of Understanding with Indian Oil Corporation (IOC) to set up an ethanol plant in Panipat with an outlay of over Rs 900 crore.
The initiative at village Bohali with a proposed capacity of 100 kilolitres of ethanol per day will manage crop residue and prevent straw burning before the upcoming paddy season, an official release said.
The MoU was signed by Director, Agriculture and Farmers' Welfare Department of Haryana, Dusmanta K Behera and Chief General Manager, Alternate Energy, and Sustainable Development, IOC Ltd Sanjay Kumar Srivastav. The pact will be valid for one year.