MoneyWorks4Me

Dalmia Bharat Sugar & Industries to set up grain-based distilleries for ethanol production

02 Aug 2021 Evaluate

Dalmia Bharat Sugar and Industries is planning to set up two grain-based distilleries to produce ethanol with an investment of Rs 263 crore. The company’s board has given in-principle approval to set up two grain-based distilleries with a capacity of 100 KL (kilolitre) each to produce around 6 crore litre of ethanol. The distilleries are expected to be commissioned in the next 15-18 months. The company’s existing installed capacity is around 10 crore litre, which is expected to be increased to 15 crore litre post-implementation of the distillery expansion plan already approved in the earlier board meetings.

Dalmia Bharat Sugar &  Industries has business interests in two major segments, Cement and Sugar.

Peers