{"id":405488,"date":"2021-03-18T10:21:19","date_gmt":"2021-03-18T04:51:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=405488"},"modified":"2021-03-18T10:21:19","modified_gmt":"2021-03-18T04:51:19","slug":"oil-firms-abandon-plans-to-build-second-generation-ethanol-plants","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-firms-abandon-plans-to-build-second-generation-ethanol-plants\/","title":{"rendered":"Oil firms abandon plans to build second generation ethanol plants"},"content":{"rendered":"<p>India\u2019s state-run refiners have abandoned plans to build second generation or 2G ethanol plants, and will instead set up first generation or 1G plants, which are more cost-effective, said officials from oil marketing companies.<\/p>\n<p>Indian Oil Corp. Ltd (IOCL), Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL) have found setting up of 2G plants as unviable as they are much more expensive to build than 1G plants, the officials said, requesting anonymity.<\/p>\n<p>\u201cWe had decided to put up 12 2G ethanol plants but only five will happen now. Setting up one 2G plant costs \u20b91,000 crore. But a 1G plant can be set up for \u20b9100-200 crore. So, the oil ministry has asked us to put up around 500,000 kilo litres per day of plants,&#8221; said a senior official from an oil marketing company. The OMCs did not respond to emailed queries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s state-run refiners have abandoned plans to build second generation or 2G ethanol plants, and will instead set up first generation or 1G plants, which are more cost-effective, said officials from oil marketing companies. Indian Oil Corp. Ltd (IOCL), Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL) have found setting up of 2G plants as unviable as they are much more expensive to build than 1G plants, the officials said, requesting anonymity. \u201cWe had decided to put up 12 2G ethanol plants but only five will happen now. Setting up one 2G plant costs \u20b91,000 crore. But [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-405488","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=405488"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405488\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=405488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=405488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=405488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}