A second ethanol plant is in the planning stages for Pennsylvania.

According to the Times-Tribune, the Wayne/Pike County Farm Bureau has secured an option on 90 acres in Texas Township for a $161 million ethanol plant.

Still in its formative stages, the locally-based Indian Orchard Energy Corp. would be the facility’s shareholders, likely giving 20 to 30 percent of the shares to the nonprofit Wayne County Farmers’ Foundation, which will be the plant’s board management.

This would be the area’s second ethanol plant. Northeast Ethanol and Renewable Resources Ltd. has proposed a $150 million facility, to be located on a brownfield site on Lackawanna Avenue in Mayfield.