The Vibrant Gujarat Global Summit delivered yet another blockbuster with Essar Future Energy’s Rs 5,100 crore MoU for a groundbreaking biofuel initiative. Details emerged during a session where Essar unveiled plans for a biorefinery producing 500 million liters of advanced biofuels yearly. The focus is on drop-in fuels for jets and heavy vehicles. Leveraging Gujarat’s strategic location, Essar eyes exports to Europe and the US. Socio-economic impacts include 10,000 direct jobs and upliftment for 50,000 farmers via assured buyback.
Essar Inks Massive Rs 5100 Cr Biofuel Pact at Vibrant Gujarat Summit
By The Chhattisgarh1 Min Read