India Procurement News Notice - 62025


Procurement News Notice

PNN 62025
Work Detail India’s first integrated oil palm processing unit by 3F Oil Palm started its commercial operations. The factory, located at Roing in lower Dibang Valley in Arunachal Pradesh, is a vital step in the countrys journey towards self-reliance in edible oils, led by the National Mission on Edible Oils - Oil Palm (NMEO-OP) Policy. This project will include a cutting-edge oil palm factory (palm oil processing and refinery), a zero-discharge effluent plant, a palm waste-based power plant, and additional structures and go-downs for support purposes. The commencement of operations is in line with the objective of encouraging domestic oilseeds production. The company has already invested Rs 100 crore in the region and have planned investments of Rs 1100 crore in Assam and Arunachal Pradesh by 2030 creating jobs for 1,700 people. The inauguration of the unit in Arunachal Pradesh, was virtually carried out by Prime Minister Narendra Modi on 09 March, 2024. He had highlighted the governments focus on Mission Palm Oil, with a special focus on Northeast, to not only achieve Atmanirbharta, but also to empower farmers and boost farmer income. In Arunachal Pradesh, 1,30,000 hectares of land suitable for oil palm cultivation has been identified, with the Northeast region alone housing a significant 33 percent (9.6 lakh hectares) of the government-designated area fit for cultivation. 3F Oil Palm’s processing unit has been designed to process fresh fruit bunches (FFBs) into high-quality palm oil with a capacity of 10 tonne per hour. With 2,500 hectares of oil palm currently being planted across a farmer base of 500 farmers, 3F Oil Palm leads as a pioneer in the states oil palm development programme.
Country India , Southern Asia
Industry Construction
Entry Date 18 Mar 2024
Source https://www.projectstoday.com/News/Indias-first-integrated-oil-palm-unit-starts-commercial-operations

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