Essar inks MoU for ₹5,100 crore bio-fuel investment in Gujarat:

Essar inks MoU for ₹5,100 crore bio-fuel investment in Gujarat:

Daily Current Affairs   /   Essar inks MoU for ₹5,100 crore bio-fuel investment in Gujarat:

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Category : Business and economics Published on: January 14 2026

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  • Essar Future Energy Limited announced plans to set up a large biofuel complex in Devbhumi Dwarka district of Gujarat with an investment proposal of ₹5,100 crore.
  • The company signed a memorandum of understanding with the Gujarat government during the Vibrant Gujarat Regional Conference (VGRC) held in Rajkot.
  • As per the MoU, the proposed facility will have an initial feedstock processing capacity of 1 million tonnes per annum (MTPA).
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