Representational Pic
Representational Pic

New Delhi: The Union Environment Ministry has given its clearance to Indian Oil Corporation for setting up a 2G ethanol plant in Panipat, it was announced on Sunday.

Environment Minister Prakash Javadekar tweeted: "Happy to inform that Environment Clearance is given to IOCL to set up new 2G Ethanol plant in #Panipat".

"The project not only promotes use of env. friendly fuel but also aids in fulfilment of Govt.'s goal of doubling farmers' income," he said in another tweet.

The ethanol project at the Panipat refinery is being set up a cost of Rs 909 crore. The benefit of the plant is that blending of ethanol with motor spirit leads to reduction of import of crude oil with corresponding savings in foreign exchange.

This project envisages production of 100 kl ethanol a day from multi-feedstock lignocelluloses using indigenous technology.

A "National Protest Day" will be held on November 20 and dharna will be organised in more than 500 cities. About 5 lakh traders are expected to take part in such protest, the traders' body said.

The traders' body alleged that these companies were circumventing the law and abusing Press Note No 2 of the government's foreign direct investment (FDI) policy.

Khandelwal said the conference has chalked out a roadmap for its nationwide agitation from November 13, which will be observed as "National Awareness Campaign Day" when traders delegations across the country will submit an exhaustive memorandum to all MPs, urging them to raise the issue in Parliament.

The first phase of nationwide agitation will be concluded with a three-day National Traders Convention -- to be held from 6 to 8 January in New Delhi -- which will be attended by trade leaders of about 20 thousand trade associations.

National governing council of CAIT in association with other stakeholders will hold a meeting on January 9 and while taking stock of the situation will decide modalities of the second phase of its agitation.

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