Modi Naturals (MNL), through its wholly owned subsidiary Modi Biotech (MBPL), has inaugurated its state-of-the-art ethanol distillery in Raipur, Chhattisgarh. The Ethanol Plant, an initiative of MNL’s subsidiary, MBPL, represents a significant stride towards a sustainable future.
With a state-of-the-art distillery boasting a robust production capacity of 210 KLD (thousand litres per day) and a 5.5 MW cogeneration power plant, this facility is poised to profoundly impact the biofuel landscape. The facility is planned to operate at 130 KLD in the first phase, with a capex of Rs 150 crore with debt of Rs 100 crore.
Modi Naturals is one of India’s leading consumer goods companies operating in the wellness and foods category.