BPCL keen on investing Rs 1,000 crore in setting up 5 lakh litres per day ethanol plant in Telangana
HYDERABAD: Oil marketing major Bharat Petroleum Corporation Ltd has evinced interest in setting up a 5 lakh litres per day capacity ethanol production facility in Telangana at an investment of Rs 1,000 crore.
BPCL has told the Telangana government that the first-generation (1G) grain-based ethanol plant will require 100 acres of land, located in close proximity to a water source as the facility would require about 4,000 kilo-litres of water per day for regular operations, BPCL executive director (bio fuels) Anurag Saraogi said on Tuesday.
Saraogi, who was leading a high-powered team of BPCL officials, said this during discussions with Telangana industries principal secretary Jayesh Ranjan on Tuesday, a release issued by the Telangana government said.
