IOCL’s 2G ethanol biorefinery based on Praj’s technology inaugurated by PM Modi
Praj was the technology licensor and EPCM partner behind this new project.
The project is based on Praj’s proprietary technology processing rice straw as feedstock for the production of ethanol.
PM Modi said: “Biofuel for us means green fuel, environment-saving fuel. With establishment of this modern plant, farmers of Haryana, where Rice and wheat are grown in abundance, will get another lucrative means of using crop residue. Farmers will now feel the pride of contributing to production of biofuel and nation building.”
Spanning 35 acres, the biorefinery is capable of processing two lakh tonnes of rice straw annually to generate around three crore litres of ethanol.
Dr Pramod Chaudhari, founder and chairman of Praj, said: “We are very proud of our association with IOCL to set up this coveted project. This plant is a huge milestone in realising the Prime Minister’s vision of energy independent India. We believe success of this project reinforces India’s technology leadership in global Bioeconomy. On foothills of this success, SKY is the limit for biofuels, literally.”
The commissioning of the biorefinery has begun in the 1st week of August and commercial production of 2G Ethanol will commence within 90 days.
Along with this project, Praj is also setting up similar projects for Hindustan Petroleum Corporation Limited (HPCL), Bhatinda, Punjab and Bharat Petroleum Corporation Limited (BPCL), Bargarh, Orissa.