The Department of Food & Public Distribution (DFPD) on December 28, 2023, issued a notification to amend notification 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:
• In Para 5 (ii) which specifies the ‘Modalities of the Scheme’ of the notification dated April 22, 2022, may 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 1 year or June 30, 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."
[Notification No. 1(10)/2018-SP-I]