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Praj Industries has signed MoU with IOC, BPCL for bio-ethanol plants

Praj Industries has signed agreements with Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL) for setting up three bio- ethanol plants in Gujarat, Haryana and Odisha.

It has said in a statement, ” Praj has entered into a bidding agreement for cost sharing with Indian Oil Corporation Ltd (IOCL)… to set up one plant each at Panipat, Haryana and Dahej, Gujarat.”

These second generation (2G) bio-ethanol plants would be having the capacity for producing 100 Kilo litres of ethanol per day.

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