- The Punjab State government has signed a Memorandum of Understanding (MoU) for setting up a bio-ethanol refinery with a consortium of Beta Renewables, Novozymes and CVC India Infrastructure Pvt. Ltd.
- This is being seen as a major step towards tackling the menace of wheat and paddy straw burning in Punjab.
- Estimated project cost is Rs. 950 crore.
- The bio-refinery will solve the chronic problem of straw burning and also help the farmers who would be paid for the agro-based produce. It would also help in containing the loss of fertility and damage to environment.
What is Bioethanol?
Bio-ethanol is a form of quasi-renewable energy that can be produced from agricultural feedstocks. It can be made from very common crops such as sugarcane, potato, cassava and corn. It is also made from corn, potatoes, milk, rice, beetroot and recently grapes, banana and dates depending on the countries agricultural strength.
News Item Compiled by Apoorv Kumar Chaudhary