The state cabinet on Wednesday gave clearance to the payment of financial incentives to three companies on their combined private capital worth Rs 216.90 crore in three separate units for ethanol production, Food Processing, and a rice mill.
Messers Magadh Sugar and Energy Limited (a unit of Bharat Sugar Mills) will get a financial incentive on investment of Rs 133.25 crore for establishing an ethanol plant with a production capacity of 75 kilolitres per day at Bucheya in the Sidhwalia block of Gopalganj district. The Plants capacity expansion potential is to the tune of 100 kilolitres per day.
The cabinet approved the SC\ST welfare department’s proposal for the payment of Rs 11.43 crore in 2021-22 fiscal for a 720-bed residential school at Pirpainti in Bhagalpur for boys and girls. The school proposed in 2017-18 was under construction for Rs 34.83 crore, which has been revised to Rs 46.24 crore.
Similarly, Rs 16.55 crore will be paid for the additional expenditure in 2021-22 on the construction of 720-bed state Ambedkar residential school for boys at Jhapaha in Muzaffarpur district.