Coastal Corporation’s wholly owned subsidiary -- Coastal Biotech has started work on its Ethanol Plant. The company will set up an ethanol project with an installed capacity of 198,000 KLPD spread across 30 acres of land at an estimated capital expenditure of Rs 150 crore. The plant is likely to commence production by March 2023. The Engineering, Procurement and Construction (EPC) contract is given to Excel Engineering, Pune.
Coastal Corporation is engaged in the business of processing and export of shrimps. It is one of the leading shrimp exporters from India to the US markets. The company offers shrimps in various forms - raw frozen blocks and in IQF, cooked in frozen blocks and cooked in IQF form as per customers specifications.
