Regular Update
ATM News Network: In the race to produce clean energy and cut shorter the dependency on traditional fuels the Central Government is taking various majors. India will now set up numerous bio-ethanol plants across the country with the help of the cooperative sector. Under the Ethanol Blending Programme, the central government’s Department of Food and Public Distribution (DFPD) has given principal approval for 34 new ethanol projects.
In its recent tweet, the DFPD informed that it has given In-Principle approval for 34 more ethanol projects under the new window of the Ethanol Interest Subvention Scheme. The subvention scheme was notified on April 24, last year. Under the new window of this scheme, 267 projects have been given in-principle approvals since its inception.
The department has also said in its tweet that the 34 projects would add an annual ethanol production capacity of about 155 crore litres. These 34 projects include 28 grain-based and four molasses-based and two dual feed stock-based projects.
As per the tweet by the department of public distribution, it has the assurance that these projects have the potential to bring an investment of about 4500 crores and will create hundreds of employment opportunities in the rural area.
The department is giving in-principle approvals to the ethanol projects with the new window in order to achieve the target of 20 percent ethanol blending with petrol by 2025.
