Project Work Commenced Distillery / Ethanol Private Sector

Rs.2500 Million New Ethanol Plant in Chhattisgarh

Investment
From 1000 Million to 4999 Million
Stage
Project Work Commenced
Location
Raipur, Chhattisgarh
Last updated
17 Feb 2022

Project 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.

Project details

SegmentDistillery / Ethanol
IndustryDistillery
Products & capacityEthanol (210 KLD)
DistrictRaipur
StateChhattisgarh
InvestmentFrom 1000 Million to 4999 Million
Project typeNew
OwnershipPrivate Sector
StageProject Work Commenced
Last updated17 Feb 2022
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