First bamboo-based biorefinery to start operations in March

India’s Numaligarh Refinery Ltd (NRL), a subsidiary of explorer Oil India (OILI.NS), plans to start ethanol production at its biorefinery in the northeastern state of Assam from March, the company’s managing director Bhaskar Phukan said on Tuesday. India, the world’s third biggest consumer and importer of oil, is aiming to reduce its crude oil consumption