Don’t miss the latest developments in business and finance.

Godavari Biorefineries plans to add 200 KLPD Corn/grain-based distillery

Image
Last Updated : Dec 16 2024 | 7:16 PM IST

With investment of Rs 130 cr

Godavari Biorefineries has announced an investment in grain/corn-based ethanol to further strengthen its ethanol production capabilities. The company plans to invest approximately Rs 130 crore in a new 200 KLPD corn/grain-based distillery to its existing operations, enhancing flexibility through dual-feedstock capability. The company reported a 25% Y-O-Y increase in revenue growth in H1FY25, demonstrating its operational strength and focus on sustainable growth.

Key Highlights of the Investment:

Proposed Capacity: 200 KLPD Corn/grain-based distillery.

Investment Required: Approximately Rs 130 crore.

Mode of Finance: Internal accruals and debt.

More From This Section

Commissioning Timeline: Q4 FY 2026

Powered by Capital Market - Live News

Also Read

First Published: Dec 16 2024 | 7:04 PM IST

Next Story