MoneyWorks4Me

Balrampur Chini Mills gets nod for higher investment of Rs 425 crore for new distillery plant

12 Apr 2021 Evaluate

Balrampur Chini Mills’ board has approved a higher investment of Rs 425 crore for a new distillery plant of 320 kilolitres per day (KLPD), which is expected to commence by December 2022. Earlier, its board on November 4, 2020, had approved a Rs 320-crore investment for the new plant.

Balrampur Chini Mills is one of the largest integrated sugar manufacturers in India. Its business portfolio consists of manufacturing and marketing of sugar, ethyl alcohol, ethanol, generation and selling of power and also manufacturing and marketing of organic manure.

Peers