Kolkata: 15 investors have shown interest to invest in ethanol production in West Bengal, said state chief secretary Harikrishna Dwivedi. He made the announcement after attending a meeting with industrialists.
West Bengal government aims to increase ethanol production in the state by setting up new plants to achieve the target of blending ethanol with petrol set by the centre.”
As per the news report published in Indianexpress.com, he said, “So far the state has received 15 proposals to produce ethanol. The total investment involved is Rs 2,666 crore and we are expecting it will generate 4,000 direct employment.”
Like other states, West Bengal is also in the fray to boost ethanol production. The Bengal government has announced a policy to promote ethanol production and promotion in the state.
The central government with an aim to lower the expenditure on foreign exchange has set a target of blending 20 per cent ethanol with petrol by 2025. The roadmap for ethanol blending in India 2020-25 was released by Prime Minister Narendra Modi on June 5 this year on the occasion of World Environment Day.
