HYDERABAD: Hyderabad: Oil marketing Conglomerate Bharat Petroleum Corporation Ltd (BPCL) has taken interest in setting up a 5 lakh litres per day capacity ethanol production facility in Telangana at an investment of Rs 1,000 crore. The oil major told the state government that the first-generation (1G) food grain-based ethanol plant will require 100 acres of land located in close proximity to a water source as the facility would require about 4,000 kilo-litres of water per day for regular operations, BPCL executive director (bio fuels) Anurag Saraogi said on Tuesday. A high-powered team of the public sector company called on Telangana's Principal Secretary, Industries & Commerce, Jayesh Ranjan, here on Tuesday to express interest in setting up the plant with a capacity of 5 lakh litres per day. This meeting came after the Central government announced a favorable policy to increase ethanol production in the country. The BPCL team was led by its Executive Director, Bio Fuels, Anurag Saraogi, and included ED, Engineering and Products, L.R. Jain, and Project Leader, KHPL Project, B. Manohar. Ratings India: S&P affirms India's outlook stable, rating at BBB- Airtel registers speeds of over 1000 Mbps during 5G trial with Nokia: Reports Niti Aayog VC predicts double-digit growth this fiscal