The biofuel producer stated that the operational commencement of the project would secure 4,500 jobs, besides ensuring the continued expansion of the ethanol project and power generation into the grid.
The plant should account for sale of 4 million liters of ethanol for its continuous operations, the company added.
The operations the plant, originally a joint venture among three parties including two private firms, were stopped two years ago when government refused to approve mandatory ethanol blending within the country.
Further, the government had concerns over the company’s shareholding structure and the displacement of locals for the project.
However, Green Fuels has collaborated with the national government to resume operations at the plant. The company had earlier said that the move can help the nation save about $120m spent for annual fuel imports.
