Vibrant Gujarat: Essar’s Rs 5100 Cr Biofuel MoU Signals Green Shift

Essar Future Energy made headlines at Vibrant Gujarat by signing a Rs 5,100 crore MoU for a transformative biofuel project. The agreement targets building one of India’s largest biofuel complexes using cutting-edge fermentation and distillation processes. Backed by Essar’s global technical prowess, the project emphasizes multi-feedstock flexibility. India’s 20% ethanol blending target by 2025 creates massive demand, which Essar is primed to meet. The project will spawn ancillary industries, from biomass collection to enzyme production, fostering a bioeconomy hub in Gujarat.