Business Update6 Aug 2025, 05:33 pm
Balmer Lawrie & Company Ltd. Cancels 200 KLPD Grain Based Ethanol Plant Project in Andhra Pradesh
AI Summary
Balmer Lawrie & Company Ltd. has decided to cancel the project for setting up of a 200 KLPD Grain Based Ethanol Plant in Andhra Pradesh. The decision was made at the Board of Directors meeting held on 6th August, 2025, due to unfavorable risk-reward scenario caused by changes in the business environment. The meeting commenced at 10:30 a.m. and concluded at 04:30 p.m.
Key Highlights
- Balmer Lawrie & Company Ltd. cancels 200 KLPD Grain Based Ethanol Plant project in Andhra Pradesh
- The decision was made due to unfavorable risk-reward scenario
- The change in business environment led to the cancellation
- The Board of Directors made the decision at their meeting on 6th August, 2025