Indian Oil Corporation (IOC) would initiate production of second generation ethanol by utilizing crop residues and other biomass as feedstock at village Baoli in Panipat district of Haryana. The capacity of proposed plant would be 100 kilo litre of ethanol per day. The company has proposed to procure over two lakh tonne of rice straw that is total production of four districts of Karnal, Panipat, Sonipat and Kurukshetra.
IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.