DFPD amended Para 5 (ii) of notification no. F. No.1(10)/2018-SP-I dated April 22, 2022, related to the production of ethanol and its supply under the Ethanol Blended with Petrol (EBP) Programme

Jun 22, 2023 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Department of Food & Public Distribution (DFPD) on June 21, 2023, issued a notification to amend notification no. F. No.1(10)/2018-SP-I dated April 22, 2022, related to the production of ethanol and its supply under the Ethanol Blended with Petrol (EBP) Programme.

The following has been amended:

Para 5 (ii) which specifies the ‘Modalities of the Scheme’ of the notification dated April 22, 2022, maybe 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 30.09.2023, 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 installment of loan from bank/ NCDC/IREDA/NBFCs/any other financial institutions which are eligible for re-finance from NABARD.”

[Notification No. 1(10)/2018-SP-I]


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