Latest Project Updates
Rs.3040 Million New Fermentation-Based Proteins Mfg. Project in Mysuru, Karnataka
Executive Summary: A fermentation-based protein manufacturing facility in Karnataka, offering 11 products, including sweet protein, egg protein, and more, with a total capacity of 1320 TPA and an estimated cost of Rs. 3040 million. Construction is scheduled from January to August 2024. As of October 2023, the project awaits environmental clearance from the State Level Environment Impact Assessment Authority.
Rs.135 Million New Carbonated Water & Carbonated Soft Drinks Mfg. Project in Kullu, Himachal Pradesh
Executive Summary: A carbonated water and soft drinks manufacturing project in Raison, Himachal Pradesh. The project aims to produce 36,600,000 units per year, with an estimated cost of Rs. 135.784 million. As of October 2023, the company has secured consent from state pollution control authorities for project establishment.
Rs.6000 Million New Multi Oil Refinery Unit in Hyderabad, Telangana
Executive Summary: A multi-oil refinery and seeds crushing facility will be established in Kothur, Hyderabad, costing Rs. 6000 million. The company has secured 33 acres, aiming for possession by December 2023, with construction starting in early 2024. Production is slated for 2025-26. Pre-project activities are underway as of October 2023.
Rs.2197 Million New Grain based Ethanol Plant in Kapurthala, Punjab
Executive Summary: A new 200 KLPD grain-based ethanol plant with a 6 MW co-generation power plant will be established in Hamira, Kapurthala, Punjab. The project is estimated to cost Rs. 2197.7 million and is expected to be operational in June 2024. The company plans to fund the investment through bank loans and internal accruals and has already obtained environmental clearance and a license from the Ministry of Forest and Environment for the 25-acre plant. As of May 2023, the company announced that it has received environmental clearance.
IMFL Production Expansion Unit in Puri, Odisha
Executive Summary: IMFL (Indian Made Foreign Liquor) production in Ekamakana, Olikana, Nimapada, Puri, Odisha. The project will increase production capacity from 27,000 Kl/Annum to 43,200 Kl/Annum. As of October 2023, the company has secured approval from state pollution control authorities for the project.
Motor Spirit and Ethanol Mfg. Expansion Project in Kakinada, Andhra Pradesh
Executive Summary: A company is set to expand its motor spirit and ethanol production in Kakinada, Andhra Pradesh, with increased capacity for various products, including motor spirit, ethanol, HSD, gas condensate, methanol, naphtha, bio diesel, and edible oil. In October 2023, the company obtained approval from state pollution control authorities to proceed with the project.
Rs.126 Million New Refined Rice Bran Oil Mfg. Project in Purba Bardhaman, West Bengal
Executive Summary: A refined rice bran oil manufacturing project in Purba Bardhaman, West Bengal. The project includes the production of rice bran, rice, husk, and refined rice bran oil at various capacities. The estimated cost for this venture is Rs. 126.635 million. As of October 2023, the project has received approval from state pollution control authorities.
Rs.500 Million Refined Palm Oil Expansion Project in Andhra Pradesh
Executive Summary: A substantial expansion in its Andhra Pradesh refined palm oil unit, involving increased production capacities for various oils. The project, expected to cost Rs.1360 million, has secured necessary approvals from state pollution control authorities. As of October 2023, the investment for the expansion stands at Rs. 500 million.
Rs.113 Million New Cocoa Products Mfg. Project in Konaseema, Andhra Pradesh
Executive Summary: A cocoa products manufacturing project in Ravulapalem, Andhra Pradesh, with a capacity to produce 1200 TPA of cocoa products, including powder, butter, and liquor. The project, which began with approval from state pollution control authorities in May 2018, is expanding with an investment of Rs. 113.5 million as of October 2023. The company has secured consent from state pollution control authorities for the project's establishment.
New Distillery Unit in South Goa, Goa
Executive Summary: A new distillery unit is planned in South Goa, Goa. The project involves producing various spirits and alcoholic beverages, with an estimated cost of Rs. 45 million. Construction will occur from December 2023 to April 2024, and the project awaits environmental clearance from the State Level Environment Impact Assessment Authority as of October 2023.