Bhimashankar Sugar Mills Gears Up for the Future with ₹22 Crore Distillery Project

Bhimashankar Sugar Mills Limited is embarking on a strategic diversification journey with a ₹22 crore investment in a Molasses-Based Distillery Unit Project in Vasant Nagar, Osmanabad, Maharashtra. This move signifies the company's commitment to sustainable practices and expanding its product portfolio beyond sugar.

The project, focusing on ethanol production, is set to have a production capacity of 30 kilo litres of ethanol per day, utilizing molasses as a key raw material. This not only reduces waste but also adds a new revenue stream for Bhimashankar Sugar Mills.

With sustainability at its core, this project aligns perfectly with the growing emphasis on renewable energy sources. Ethanol, being a renewable fuel source, reflects Bhimashankar's dedication to environmental responsibility.

The establishment of the distillery unit not only adds value to the company's offerings but also opens doors to new markets. Bhimashankar Sugar Mills can now cater to the ethanol market, potentially expanding its customer base and revenue streams.

While specific details about the project timeline and the types of ethanol products are yet to be disclosed, this initiative underscores Bhimashankar Sugar Mills' commitment to innovation, sustainability, and future growth.

News by Rahul Yelligetti