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Added Date - Dec 23,2021

Project Promoter Subscribers Only
Ownership Type Private Sector
Industry Food Processing
Subcategory Distilling, rectifying and blending of spirits
Products & Capacity Ethanol (210 KLD)
Location NA
District Raipur
State Chhattisgarh
Investment From 1000 Million to 4999 Million
Status

Executive Summary

An Indian agribusiness company is planning to establish a new ethanol plant in Chhattisgarh with a capacity of 210 KLD, costing around Rs. 2500 million. The project has received in-principle approval from the Central Government and signed an MOU with the Chhattisgarh Government. The company has purchased land and aims to commission the plant in Q3 of FY 22-23, with the first phase of 110 KLD being completed within a year. The project will be funded through internal accruals and debt for which the company has received in-principle approval from its banks.

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Rs.2500 Million New Ethanol Plant in Chhattisgarh

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