StockWatch
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Diversified FMCG
Expansion29 Jun 2026, 04:20 pm

Godavari Biorefineries Starts 200 KLPD Corn Distillery at Sameerwadi

AI Summary

Godavari Biorefineries Limited has announced the commencement of its new corn/grain-based distillery at its Sameerwadi Unit, effective June 29, 2026. This expansion adds a proposed capacity of 200 KLPD, complementing its existing 600 KLPD sugarcane-based capacity. The project involved an investment of approximately ₹130 Cr, financed through internal accruals and debt. The dual-feedstock capability is expected to enhance ethanol production resilience, particularly during climate disruptions, and position the company to meet the increasing demand driven by India's ethanol blending program.

Key Highlights

  • New 200 KLPD corn/grain-based distillery operational at Sameerwadi.
  • Investment of ₹130 Cr financed by internal accruals and debt.
  • Enhances dual-feedstock capability for resilient ethanol production.
  • Aims to meet growing demand from India's ethanol blending program.