Haryana signs pact with Indian Oil Corporation (IOC) for ethanol plant

On September 11, the Haryana government signed a Memorandum of Understanding (MoU) with Indian Oil Corporation (IOC) to set up an ethanol plant in Panipat with an outlay of over Rs 900 crore. The initiative at village Bohali with a proposed capacity of 100 kilolitres of ethanol per day will manage crop residue and prevent straw burning before the upcoming paddy season. The state Agriculture and Farmers’ Welfare department will motivate the farmers in the 50 km radius of the plant to provide crop residue or feedstock on regular basis as raw material. The pact will be valid for one year.