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Modi Naturals commercializes first grain-based ethanol distillery in Chhattisgarh

27 Sep 2023 Evaluate

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.


Modi Naturals Share Price

359.75 0.30 (0.08%)
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