Indian Oil Corporation (IOC), the country's largest fuel retailer, is planning to set up a biomass-based second generation ethanol production facility at its flagship Panipat refinery at a cost of over Rs 700 crore.

IOC has selected Praj Industries as the licensor and consultant for the proposed 100 kilo litres per day facility to be housed in the Panipat refinery premises, the company said in an application seeking clearance from the environment ministry. The proposed plant will utilize non-food biomass, mainly rice straw and other ligno-cellulosic feed stock, requiring around 473 tonne of raw material every day.
“According to various biomass assessment surveys, surplus crop residue availability in India is in the range of 50-60 million tonne annually. According to these reports, by 2020, the available biomass residue could in theory be converted into 10-15 billion liters of second generation ethanol annually, sufficient to meet 20 per cent ethanol blending mandate in India,” IOC said as part of its application.

The plan is in line with the government's larger road-map to set up 12 2G-Ethanol bio-refineries across 11 States including Punjab, Haryana, Uttar Pradesh, Madhya Pradesh, Bihar, Assam, Odisha, Gujarat, Maharashtra, Karnataka and Andhra Pradesh. The estimated investment for the 12 bio-refineries is pegged at Rs 10,000 crore.

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