Tag: IOCL

Indian oil companies to invest $586 million in seven 2G ethanol plants

Indian oil companies to invest $586 million in seven 2G ethanol plants

November 21, 2016 |

In India, Indian Oil Corp. Ltd (IOCL), Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL) announced they will invest $586 million in developing seven second-generation ethanol plants to help the government achieve its 22.5% ethanol blending goals. Each facility is planned to produce between 100,000 and 150,000 liters of ethanol per day […]

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