Business Update28 Jun 2024, 09:08 pm
Shri Bajrang Alliance Ltd to Expand Ethanol Plant Capacity by 60%
AI Summary
Shri Bajrang Alliance Ltd's associate body corporate, M/s Shri Bajrang Chemical Distillery LLP, plans to undertake a capital expansion of its Ethanol Plant. The expansion will increase the plant’s production capacity by 120 KLPD, a 60% augmentation from its current capacity of 200 KLPD. This strategic move aims to drive growth, enhance revenue and profitability, broaden the customer base and market share, and optimize service to customers.
Key Highlights
- Shri Bajrang Alliance Ltd's associate body corporate to expand Ethanol Plant capacity by 120 KLPD
- Expansion represents a 60% increase from the current capacity of 200 KLPD
- Strategic move aims to drive growth and enhance revenue and profitability
- Plan to broaden customer base and market share
- Optimization of service to customers is a key goal of the expansion