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

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