Centre grants approval for 47 ethanol projects in Bihar for loan subsidies

Daily Current Affairs / Centre grants approval for 47 ethanol projects in Bihar for loan subsidies

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Category : National Published on: December 25 2024

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The central government has issued in-principle approval to a total of 47 projects in Bihar for interest subvention on bank loans for setting up new distilleries or expansion of existing distilleries.
At present, 22 ethanol distilleries – 8 molasses-based and 14 grain-based – are operational in Bihar.
The government is implementing the Ethanol Blended Petrol (EBP) Programme across the country, wherein Oil Marketing Companies (OMCs) are selling ethanol-blended petrol.
Under the programme, the government has set a target of 20 per cent blending of ethanol in petrol by 2025-26.

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Centre grants approval for 47 ethanol projects in Bihar for loan subsidies