Do take some time off for a brief interlude with the past, as we take you back in time to the evolution of HPCL Biofuels Limited.
With a view to give boost to agriculture sector and reduce environmental pollution, Government of India announced to initiate the use of Ethanol as an automotive fuel, and announced programmed to implement ethanol bended Gasoline across the country.
Search for ethanol draw their attention towards the incentive policy announced by Government of Bihar (GoB). GoB invited bids from Companies to revive the closed sugar mills in Bihar. Many Companied along with HPCL expressed the interest & bided to acquire the closed sugar mills. As a result HPCL was successful bidder for acquiring two Sugar Mills namely Sugauli & Lauriya in the East & West Champaran District of Bihar.
As a true pioneer, HPCL is the first PSU to step toward the production of green fuel.
HPCL Biofuels Limited, a wholly owned subsidiary company of HPCL came into existence in the October 2009, the first subsidiary among all Public Sector entities to get into production of Ethanol.
HPCL Biofuels Limited is incorporated to commission integrated Sugar, Ethanol & Power project by reviving two closed Sugar Mills namely, Sugauli & Luariya in the state of Bihar.
Presently, the various plant activities at Sugauli & Lauriya are in full swing and are at different stage. The company is planning to commission both the plants in the crushing season November - December, 2010.
HPCL Biofuels Limited is having it’s registered office at :