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DCM Shriram Plans For Distillery At Ajbapur, Uttar Pradesh
2018-07-31 Announcements Food Processing & Beverages Northern India
DCM Shriram Limited has informed that the board of directors of the company at its meeting approved the investment of Rs.300 Crores, to be financed through internal generations and debts, to set up 200 KLD distillery at Ajbapur, instead of expansion of 100 KLD at Hariawan which was approved by the Board in November 2017. Currently, the Company has 150 KLD distillery at Hariawan. The total capacity of the Company's distilleries shall increase from 150 KLD to 350 KLD. The project is planned to be commissioned by October 2019. The project will utilize expected higher molasses availability for production of Ethanol or related products.