Balrampur Chini Mills Approves Higher Capacity for Poly Lactic Acid Project with Revised Capital Expenditure

Balrampur Chini Mills Ltd. has approved a higher capacity of 80,000 Tonnes Per Annum (TPA) for its Poly Lactic Acid (PLA) project with a revised capital expenditure of ₹ 2,850 crores. The net capex of the project will be ₹ 1,750 crores post expected capital subsidy of ₹ 1,100 crores as per U.P. Government Scheme. The revised capex will be funded through a mix of ₹ 31,650 crores in debt and ₹ 1,200 crores from internal accruals. The Board has also considered and approved the Un-Audited Financial Results for the Quarter and Nine months ended 31st December, 2024.