Scheme for Extending Financial Assistance to sugar mills for enhancing and augmentation of Ethanol Production Capacity

EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY No. 316] NEW DELHI, THURS DAY , DECEMBER 28, 2023/ PAUS HA 7, 1945 CG-DL-E-28122023-250942 MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION (Department of Food and Public Distribution) NOTIFICATION New Delhi, the 28th December , 2023 F. No.1(10)/2018 -SP-I.—The Central Government with a view to increase production of ethanol and its supply under Ethanol Blended with Petrol (EBP) Programme, opened a window for six months w.e.f. 22.04.2022 under modified scheme dated 14.01.2021 for inviting fresh applications f rom those project proponents who have acquired land for ethanol project and obtained Environmental Clearance (EC) for enhancement of their existing ethanol distillation capacity or to set up new distillery for producing 1st Generation (1G) ethanol from fee d stocks such as cereals (rice, wheat, barley, corn & sorghum), sugarcane (including sugar, sugar syrup, sugarcane juice, B - heavy molasses, C -heavy molasses), sugar beet etc. vide notification No. 1(10)/2018 -SP-I dated 22.04.2022 which was further extended for one year w.e.f 22.04.2022 vide notification dated 20.10.2022 and amended vide notifications dated 06.05.2022, 03.02.2023 and 21.06.2023. 2. Now in pursuance of para 9 of the said notification dated 22.04.2022, Central Government has decided t hat Para 5(ii) of the notification dated 22.04.2022 may be read as under: - “The applicant should get the loan disbursed from the bank/ NCDC /IREDA / NBFCs / any other financial institutions which are eligible for re -finance from NABARD, within one year or 30.06.2024 whichever is later from the date of in-principle approval of DFPD, failing which the in -principle approval for the project will stand cancelled. Further, the project should be completed within 2 years from the date of disbursement of 1st ins talment of loan from bank/ NCDC/IREDA/NBFCs/any other financial institutions which are eligible for re -finance from NABARD.” ASWANI SRIVASTAVA , Jt. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.