Nayara Energy to Establish Rice-based Ethanol Plants in Andhra Pradesh and Madhya Pradesh

1. Nayara Energy plans to invest Rs. 600 crore in establishing two ethanol manufacturing plants, each with a capacity of 200 thousand liters per day (KLPD), in Andhra Pradesh and Madhya Pradesh.
2. Executive Chairman Prasad Panicker emphasizes the company’s ambitious goals in the ethanol sector, aiming for 100% sourcing by 2025 to meet the 20% ethanol blending target.
3. Nayara Energy is also exploring opportunities in the sustainable aviation fuel (SAF) sector and studying technologies for ethanol to SAF and used cooking oil to SAF conversion, considering integration with refineries for cost efficiency.

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