Ethanol production refinery project from bamboo with a daily capacity of 30,000 litres is to be built in India, following an agreement signed between a Hyderabad-based company and a farmers' company in Maharashtra's Latur.
This will not just offer ethanol at competitive prices but also provide livelihood opportunities to farmers who can grow bamboo for the plant. Also, at present, the Centre has committed to blend 20 per cent ethanol with petrol by 2025. This creates a huge opportunity for using bamboo-based ethanol.
The agreement for the ethanol refinery project was signed on Friday in Hyderabad between Nagarjuna Group, Hyderabad and Lodga Bamboo Industries in Latur district between Dr Banibrata Pande for Nagarjuna Group and Pasha Patel on behalf of the Lodga Bamboo Industries.
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