Gujarat Alkalies arid Chemicals Limited (GACL) and GAIL (India) Limited (GAIL) have joined hands to set-up a Bioethanol plant of 500 KLD capacity.
The Memorandum of Understanding (MoU) for setting up a Bioethanol plant in Gujarat and cooperation in other business areas of mutual interest was signed by M V Iver,
Director(Business Development) of GAIL and Shri Milind Torawane, lAS, Managing Director of GACL in the presence of Bhupendrabhai Patel, the Hon'ble Chief Minister of Gujarat, K Kailashnathan, lAS (Retd.), Chief Principal Secretary to Chief Minister of Gujarat, Pankaj Joshi, lAS, Addl. Chief Secretary to Chief Minister of Gujarat and Manoj Jamn, CMD of GAIL at Gandhinagar.
This step came in response to the Hon'ble Prime Minister of India's call for 'Atmanirhhar Bharat.'
This plant will be using corn/broken rice as feedstock with eco-friendlv technology and it will produce 500 KLD Bioethanol, which will be used for blending in petrol. As by-products from this plant, 135 KTPA Protein-rich Animal feed and 16.50 KTPA of Corn Oil while using corn as feedstock are also expected to be produced.
The estimated project cost is to the tune of Rs1,000cr. An estimated savings of USD 70 million per year in Foreign Exchange outgo is expected through this project.
