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UP Government sanctions two biofuel projects

By Niranjan Mudholkar,

Added 18 February 2019

ShivOm Dayal Energies (P) Ltd., is setting up two biofuel plants in Saharanpur and Bijnor.

The UP government in its cabinet meeting held on 7th February 2019, approved the two second-generation ethanol plants which will incur an investment of INR 400 crore each. The state government will also offer the company with facilities including stamp duty waiver, capital subsidy as well as SGST rebate. Each of the sanctioned biofuel facility is expected to utilise about 200 tonnes of agro-waste per day for the production of 50,000 litres of second-generation ethanol. The plants will be set up under technical collaboration with the Institute of Nuclear Energy Research (INER), Taiwan.

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