Grain-based ethanol makers seek cap on new investments
Grain based ethanol makers have sought a cap on further investment in the sector, till the government makes a long term roadmap for future expansion of ethanol blending programme.
“We have urged the government to discourage giving investment approval and banks loans for the additional grain based ethanol manufacturing facilities as it may lead to overcapacities,” Chandra Kumar Jain, president, Grain Ethanol Manufacturers Association, told FE.
