DCM Shriram has received an approval for the investment of Rs 300 crore, to be financed through internal generations and debts, to set up 200 KLD distillery at Ajbapur, instead of expansion of 100 KLD at Hariawan which was approved by the Board in November 2017. The Board of Directors of the company in their meeting held on July 31, 2018, approved the same.
Currently, the company has 150 KLD distillery at Hariawan. The total capacity of the company's distilleries shall increase from 150 KLD to 350 KLD. The project is planned to be commissioned by October 2019. The project will utilize expected higher molasses availability for production of Ethanol or related products.
DCM Shriram is engaged in the business of fertilizer, sugar and caustic soda.
Company Name | CMP |
---|---|
Grasim Industries | 2445.60 |
DCM Shriram | 1001.15 |
Birla Corporation | 1455.25 |
Surya Roshni | 580.00 |
Century Textile &Ind | 2161.70 |
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