Punjab Cabinet rolls out incentives for paddy straw-based standalone bio-fuel units
Babushahi Bureau
Chandigarh, September 26, 2022: In order to check the menace of paddy straw burning by its effective management, the Cabinet also approved the amendment in the Industrial and Business Development Policy, 2017 and Detailed Schemes and Operational Guidelines 2018 for Bio- Fuel projects by extending the incentives to the standalone Bio-Fuel units provided, they install Boilers based on Paddy Straw as fuel.
In order to promote the production and supply of Ethanol for Ethanol Blended Petrol Program and to attract investments in the state for manufacturing of Bio-fuel, the Cabinet approved this amendment for the standalone Bio-Fuel units provided they install Boilers based on Paddy Straw as fuel.
Since, the technology for use of Boilers based on Paddy Straw is still evolving, so in such cases where the units are not able to install Boilers based on Paddy Straw as Fuel, the quantum of incentive shall be reduced by 50%.