PM Modi to inaugrate 2G ethanol plant in Panipat today on World Biofuel Day

According to Prime Minister’s Office (PMO), the inauguration of the plant is part of a long succession of steps taken by the government in the years to improve the production and use of biofuels in the country.

Prime Minister Narendra Modi on Wednesday will inaugurate a 2nd generation (2G) Ethanol Plant in Panipat, Haryana and dedicate it to the nation on the occasion of World Biofuel Day. The event will take place on 4:30 pm via video conferencing.

According to Prime Minister’s Office (PMO), the inauguration of the plant is part of a long succession of steps taken by the government in the years to improve the production and use of biofuels in the country.

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“This is in line with the Prime Minister’s constant endeavour to transform the energy sector into being more affordable, accessible, efficient and sustainable,” said the press release by government.

The 2G Ethanol Plant has been constructed at an approximate cost of over Rs. 900 crore by Indian Oil Corporation Ltd. (IOCL) and is situated close to the Panipat Refinery.

Based on state-of-the-art indigenous technology, the functioning will whirl a new chapter in India’s waste-to-wealth cooperation by using about 2 lakh tonnes of rice straw (parali) annually to produce around 3 crore litres of Ethanol each year.

Developing an end-use for the agri-crop remnant would help farmers and give an additional income generation shot for them. The Project will deliver direct employment to people comprised in the plant operation and indirect jobs will be produced in the supply chain for rice straw cutting, handling, storage, etc.