Thursday 4 October 2018

Yogi govt clears six biofuel investment proposals worth Rs 17 billion

biofuel, planet, earth, petrol

In a boost to its green energy roadmap, the Yogi Adityanath government has cleared six biofuel investment proposals worth almost Rs 17 billion.

These private projects are proposed to be set up in 5 districts, including Sitapur, Hapur, Meerut, Bareilly and Muzaffarnagar.

These projects include a mega biofuel plant to be developed by SunLight Fuels spanning almost 90 acres in Sitapur and costing Rs 15.5 billion. The company would use bagasse, a sugarcane byproduct extracted during sugar production process, to generate biofuel.

According to sources, the company has tied up with the local Birla Group operated sugar mill in Hargaon, Sitapur for getting bagasse supply for biofuel production. The Hargaon mill is one of the largest sugar mills in UP with about 10,000 tonnes sugarcane crushed per day (TCD) capacity.

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