Godavari Biorefineries Commences Corn/Grain-Based Distillery, Boosting Ethanol Production Capacity
Godavari Biorefineries Limited has commenced operations of a corn/grain-based distillery at its Sameerwadi Unit. This operational step is set to enhance the company's ethanol production capabilities and introduce dual-feedstock capacity into their operations.The commencement date for the new distillery facility was June 29, 2026.
Operational and Capacity Details
The expansion provides a significant boost to Godavari Biorefineries' feedstock flexibility and overall manufacturing power. The company currently maintains an existing capacity of 600 KLPD based on sugarcane juice/syrup. The new addition adds another 200 KLPD to the distillery’s capabilities.A summary of the current and proposed capacities is detailed below:
| Particulars | Detail |
|---|---|
| Existing Capacity (Sugarcane) | 600 KLPD |
| Proposed Capacity Addition (Grain/Corn) | 200 KLPD |
| Existing Capacity Utilisation | 41% |
| Date of Commencement | June 29, 2026 |
Investment and Financing
The undertaking required an approximate investment of Rs. 130 Cr. The capital expenditure will be funded through a combination of internal accruals and debt.Strategic Rationale
The introduction of the corn/grain-based distillery addresses market needs and enhances operational resilience. This new capability provides the company with dual-feedstock flexibility, ensuring more resilient ethanol production even when faced with climate-related disruptions. Furthermore, the addition is positioned to meet the growing demand within India's ethanol blending program.
GODAVARIB Stock Price Movement
Godavari Biorefineries Limited settled today after shedding 1.67% of its value, closing at ₹277.15. The stock recorded a total traded volume of 52,742 shares during market hours.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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