Balrampur Chini Mills Plans For New Distillery Unit
Balrampur Chini Mills Limited informs that the Board of Directors of the Company at its meeting have approved the setting up a new distillery unit, thereby increasing the capacity of its distilleries by adding 160 KLPD. With the said addition, the total capacity will stand augmented to 520 KLPD.
Detailed information is annexed below:
|1||existing capacity||360 KLPD|
|2||existing capacity utilization;||80-85 % [during the year 2018-19]|
|3||proposed capacity addition||160 KLPD|
|4||period within which the proposed capacity is to be added;||24 months from the date of in-principle approval from the concerned Ministry|
|5||investment required||Rs. 207 Crores (Approx.)|
|6||mode of financing|
Rs. 140 Crs. From Banks - Project Loans
Rs. 67 Crs. From internal sources
To have greater participation in the Ethanol Blending Programme.
To fully utilize the molasses available with the Company's IO sugar units.
To achieve economies of scale.