Chhattisgarh signs contract to set up state s 1st ethanol plant under PPP model - india news hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.
Representative Image ANI | Updated: Dec 30, 2020 05:32 IST
Raipur (Chhattisgarh) [India], December 30 (ANI): Chhattisgarh government on Tuesday signed a contract execution (MoU) for the country s first ethanol plant to be set up in the state under the public-private partnership (PPP) model.
As per the official release, the contract was signed by Bhoramdev Cooperative Sugar Factory Kawardha and Chhattisgarh Distillery Limited s subsidiary NKJ Biofuel for a period of 30 years.
Speaking on the occasion, Chief Minister Bhupesh Baghel said that setting up of ethanol plant will prove to be important in ensuring timely payment of sugarcane price to farmers and ensuring full utilization of sugar factory capacity.