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India's plan to produce ethanol from 2G sources taking time to pick up

Rs 900-crore plant set up by Indian Oil Corporation (IOC) in Panipat to start on Wednesday

Indian Oil Corporation, IOC
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Indian Oil Corporation (IOC).

Shine JacobSanjeeb Mukherjee Chennai/New Delhi
India’s plan to produce ethanol from second-generation (2G) sources -- mainly farm waste -- is taking time to materialise even as the government is set to dedicate to the nation on Wednesday a Rs 900-crore plant set up by Indian Oil Corporation (IOC) in Panipat.

Though state-run oil companies had decided to set up at least 12 plants in 2016-17 with an investment of around Rs 10,000 crore, this will be the first unit coming on track while others are stuck in various stages owing to issues like capital expenditure, lack of feedstock, and high rates of finished products compared

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