Hyderabad: Bharat Petroleum Corporation Limited (BPCL) is planning to set up a grain-based ethanol production plant with an investment of Rs 1,000 crore in Telangana.
On Tuesday, a team of senior executives from the oil company met Industries Secretary Jayesh Ranjan and discussed the proposed 5 lakh liter per day capacity first-generation plant.
Executive Director Bio Fuels Anurag Saraogi, who led the team, said since Telangana is ethanol deficient in the present context of up to 10 percent ethanol blending in petrol, the company has proposed the plant.
A road map document released by Niti Aayog and the Ministry of Petroleum and Natural Gas, last month had recommended 20 percent blending targets by 2025-26.
About 100 acres having proximity to the source of water was needed for the plant. The daily water requirement of the proposed facility would be about 4,000 KL.
Jayesh Ranjan assured the team that the Telangana government will extend all necessary support to set up first-generation ethanol production plant in the state.