Shree Renuka Sugars stepping up ethanol play

A significant producer of sugar, Shree Renuka Sugars Ltd., anticipates starting up its increased ethanol production capacity in the quarter between October and December of this year.

The firm is working to increase its ethanol production capacity from 720 kilo litres per day (KLPD) to 1,400 KLPD (KLPD).

Atul Chaturvedi, Executive Chairman, SRSL said the expansion of ethanol capacity is happening at the company’s plants in Athani, Munoli and Avalga in Karnataka. The company is investing about Rs ₹700 crore in the capacity expansion, which started about six months back. “We will be commissioning it in the last quarter of the calendar year,” he said.

 

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