GAIL India and Gujarat Alkalies and Chemicals Ltd inked a memorandum of understanding on Friday to build a 500 KLD bioethanol facility in Gujarat at a cost of Rs 1,000 crore.
According to a state government announcement, representatives from both companies signed the MoU in Gandhinagar in the presence of Gujarat Chief Minister Bhupendra Patel, and the plant will produce 500 kilo litres of bioethanol each day.