Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 215)

2024-05-17 Business

215.

Which company plans to invest Rs 600 crore in two Ethanol Plants?

Reliance Industries

Bharat Petroleum Corporation Limited

Indian Oil Corporation

Nayara Energy

Answer: Option

Explanation:

Nayara Energy intends to invest Rs 600 crore in establishing ethanol manufacturing plants in Andhra Pradesh and Madhya Pradesh. This initiative aligns with the government's target of achieving 20% ethanol blending by FY26, showcasing the company's commitment to sustainable energy practices.