IOC gets nod to set up 2G ethanol plant in Panipat

11 Nov 2019 Evaluate

Indian Oil Corporation (IOC) has received clearance from the Ministry of Environment to set up a Rs 766 crore 2G ethanol plant in Haryana's Panipat district. The estimated investment in setting up the plant is Rs 766 crore. Ethanol produced will be used for blending in transportation fuel.

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.

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