Muzaffarpur is rapidly moving towards becoming a hub of ethanol plant. Another 2G ethanol plant will be set up in the district. Good news has come out from Patna regarding the growing industry here. The process of signing the Memorandum of Understanding (MOU) for the ethanol plant was completed on Wednesday during the Global Meet of Bihar Business Connect program. AP Sinha associated with the concerned company himself has shared this information. He has told that this project will be worth Rs 800 crore.
An agreement has been signed with Bihar government regarding 100 KLPD 2G ethanol plant. Under this, our products meet the target of blending ethanol in petroleum along with getting the value of agro waste. He has also said that such a project is very important for the national economy. Maize farmers will also benefit from this. In this two-day long program, MOUs are expected to be signed with more branded companies for Muzaffarpur. At the time of the MOU, Additional Chief Secretary of the Industries Department, Sandeep Poundrick and many officials were present.
Two plants are already operational, one under construction
Two ethanol plants are already operational in Motipur area of ​​Muzaffarpur. With this the product has started. A branded company is setting up a biofuel plant, which is under construction. Recently, a video of the MD of the concerned company was also released by the Industries Department. In this he had told that his experience with Bihar and department officials regarding this plant has been good. Information was given regarding Bihar Business Connect program that infrastructure for investment has also been developed here. Other entrepreneurs were also encouraged to set up plants. After the construction of two more new ethanol plants, the employment potential in the area will increase significantly.
What is 2G Ethanol Plant?
2G ethanol production provides environmentally friendly fuel, which will help in decarbonizing the transportation system. At the same time, it will be better used for agricultural production, because it will be used in whole plants instead of only the food grains parts.
located in Muzaffarpur Units of foreign companies will soon open in the Biada industrial area located in Bela. On Wednesday, representatives of branded companies attending the Global Investors Summit under Bihar Business Connect program reached Muzaffarpur. Out of the total 60 investors who arrived at Bela for inspection, 15 were from foreign companies. The representatives led by BIADA Deputy General Manager Ravi Ranjan Prasad first saw the bag cluster. How are the bags prepared, how many people are currently involved in the production, what is the marketing system. Representatives from outside made inquiries in this regard.
After this all the representatives were taken around the textile cluster. Investors from outside also talked to the working people. Got information about road connectivity and export arrangements. Investors from India and abroad were very excited to see the operated unit. He also expressed his desire to set up the unit in the coming days. Deputy General Manager of BIADA said that all the investors from outside praised him a lot. During this, Jeevika’s DPM Anisha Ganguly was also present.
Investors from America to Saudi Arabia arrived
Under the Business Connect program started in Patna, investors from abroad were taken to Muzaffarpur on the first day of the Global Investors Summit. Apart from India, investors from many countries including America, Taiwan, Japan, Germany, Saudi Arabia, Russia, Netherlands, Hungary, Bangladesh, Vietnam and Uzbekistan participated in it. A total of 600 investors including representatives of Indian business houses have participated in the Patna Summit. MoU has been signed for 12 units from Muzaffarpur in Patna.
Muzaffarpur has become a model of industry
The bag cluster was started in Bela industrial area in the month of December last year itself. After that, the pace of new units in the industrial area under the Plug and Play scheme increased. After bags, textile cluster has also been started in Bela four months ago. Garments are being produced in this. Space has been allotted to everything from chocolate to IT companies. For this reason, in the last one year, the representatives coming from outside are shown about the development here. Secondly, the district’s stake in the industry has also been strengthened with regard to Mega Food Park, Leather Park, Ethanol Plant.