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Date: 28-Dec-2023 Category: Extra Ordinary State: Union Government Country: India

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

Issued by Ministry of Consumer Affairs, Food and Public Distribution · Department of Food and Public Distribution

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Executive Summary & Key Takeaways

What it means

  • This notification pertains to the Ethanol Blended with Petrol (EBP) Programme and provides an extension for ethanol project proponents to secure loan disbursements.
  • It modifies a previous notification dated 22.04.2022, specifically concerning the deadline for loan disbursement from financial institutions for ethanol projects.

Key Changes

  • The deadline for applicants to secure loan disbursement from eligible financial institutions (banks, NCDC, IREDA, NBFCs, or any financial institution eligible for refinance from NABARD) is extended to the later of one year from the date of in-principle approval from the Department of Food and Public Distribution (DFPD) or June 30, 2024.
  • Failure to secure loan disbursement by this extended deadline will result in cancellation of the in-principle approval for the ethanol project.
  • The timeline for project completion remains unchanged at two years from the date of disbursement of the first loan installment from the financial institution.

Impact Analysis

Ethanol Project Proponents

  • Action Item: Project proponents should immediately assess their current loan status and, if necessary, expedite their loan application process to meet the June 30, 2024 deadline or one year from in-principle approval date, whichever is later.

Financial Institutions (Banks, NCDC, IREDA, NBFCs)

  • Action Item: Financial institutions should prepare for a potential surge in loan-related activities and ensure efficient processing to support the EBP program.

Government (Department of Food and Public Distribution)

  • Action Item: DFPD should monitor the progress of loan disbursements and project completion to assess the effectiveness of the extension and its impact on the EBP program.

Key Entities Referenced

Department of Food and Public Distribution (DFPD): The government department responsible for overseeing the Ethanol Blended with Petrol (EBP) program and providing in-principle approvals for ethanol projects. NABARD: National Bank for Agriculture and Rural Development, a financial institution that provides refinance support to other financial institutions for eligible projects. NCDC: National Cooperative Development Corporation, a financial institution that supports cooperative sector. IREDA: Indian Renewable Energy Development Agency, a financial institution that promotes renewable energy projects. NBFCs: Non-Banking Financial Companies Notification No. 1(10)/2018-SP-I dated 22.04.2022: The original notification that established the scheme for inviting applications for ethanol projects and set the initial deadlines for loan disbursement and project completion. This notification is amended by the current gazette. Ethanol Blended with Petrol (EBP) Programme: A government initiative to promote the use of ethanol as a blend with petrol, aiming to reduce reliance on fossil fuels and promote domestic ethanol production.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एल.-अ.-28122023-250942 xxxGIDExxx CG-DL-E-28122023-250942 असाधारण EXTRAORDINARY भाग I—खण्ड 1 PART I—Section 1 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 316] िई दिल्ली, बृहस्ट्प जतर्ार, दिसम्ब र 28, 2023/पौर् 7, 1945 No. 316] NEW DELHI, THURSDAY, DECEMBER 28, 2023/PAUSHA 7, 1945 उपभोक्त ा मामल,े खाद्य और सार्िव जिक जर्तरण मत्रं ालय (खाद्य और सार्विजिक जर्तरण जर्भाग) अजधसचू िा िई दिल्ली, 28 दिसम्बर, 2023 फा. स.ं 1(10)/2018-एसपी-I.—केन्द्रीय सरकार ि े इथिे ॉल का उत्पािि बढािे, पेरोल के साथ इथेिॉल ब्लेंडडंग (ईबीपी) कायवक्रम के अधीि इसकी आपूर्त व बढािे, की िजृ ि से दििांक 22.04.2022 की अजधसूचिा स.ं 1(10)/2018 एसपी-। के माध्यम से ऐसे पररयोििा प्रस्ट्तार्कों, जिन्द्होंिे अपिी मौिूिा इथेिॉल जडजस्ट्टीलिे ि क्षमता को बढािे के जलए अथर्ा अिाि (चार्ल, गेह,ं िौ मक् का एर्ं सोर म) गन्द्ि ा (चीिी, िुगर सीरप, गन्ना िूस, बी- हर्ै ी िीरा, सी- हर्े ी िीरा सजहत), चुकंिर आदि िैस फीड स्ट्टॉक से प्रथम ििरेिि (1िी) इथिे ॉल का उत्पािि करि े के जलए िई जडजस्ट्टलररयों की स्ट्थापिा हते ु इथेिॉल पररयोििा के जलए भूजम अजधगृहीत दकया ह ै और पयावर्रणीय मंिूरी प्राप्त कर ली ह,ै से िए आर्ेिि आमंजत्रत करिे के जलए दििांक 14.01.2021 के अिोजधत स्ट् कीम के तहत दििांक 22.04.2022 स े छः माह तक के जलए एक डर्ंडो खोला था, जिसे अजधसूचिा दििांक 20.10.2022 द्वारा दििांक 22.04.2022 स े आग े 1 र्र्व के जलए बढा दिया गया था और अजधसूचिा दििांक 06.05.2022 और 03.02.2023 द्वारा संिोजधत दकया गया। 2. अब उक्त अजधसूचिा दििाकं 22.04.2022 के पैरा 9 के अिुसरण म,ें केंरीय सरकार ि े जिणवय जलया ह ै दक अजधसूचिा दििांक 22.04 2022 के पैरा 5(ii) को जिम्ि ािुसार पढा िाए:- 7974 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC.1] “आर्ेिक को खाद्य और सार्विजिक जर्तरण जर्भाग के सैद्ांजतक अिुमोिि की तारीख से 1 र्र् व या 30.06.2024, िो भी बाि में हो, के भीतर बैंक/एिसीडीसी/आईआरईडीए/एिबीएफसी/कोई अन्द्य जर्त्तीय संस्ट्थाि, िो िाबाडव से पिु र्र्वत्त पोर्ण के जलए पात्र ह,ैं से ऋण संजर्तररत हो िािा चाजहए, ऐसा ि होिे पर पररयोििा के जलए सैद्ांजतक अिुमोिि रद्द हो िाएगा। इसके अलार्ा, बैंक/ एिसीडीसी/आईआरईडीए/एिबीएफसी/कोई अन्द्य जर्त्तीय संस्ट्थाि, िो िाबाडव से पुिर्र्वत्त पोर्ण के जलए पात्र ह,ैं से ऋण की पहली दकस्ट्त के संजर्तरण की तारीख से 2 र्र्व के अिं र पररयोििा पणू व हो िािी चाजहए।‘’ अजििी श्रीर्ास्ट्तर्, संयक्ु त सजचर् 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 from 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 feed 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 that 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 instalment 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.

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