Balmer Lawrie & Co. Ltd. Approves Setting Up of 200 KLPD Grain-Based Ethanol Plant in Andhra Pradesh

The company has approved the proposal for setting up a 200 KLPD 1st Generation Grain Based Ethanol Plant in Andhra Pradesh, with an estimated investment of Rs. 339 crore, to be funded through a mix of internal accruals and debt. The project is expected to provide lucrative rates of return and enable the company to achieve sustained growth in turnover and profit.,