Current Date: 09 Jul, 2024

Hyderabad's New Powerhouse: A 520 Crore Grain Distillery by Grace Ventures

Grace Ventures Private Limited is set to launch a large-scale grain-based distillery in Bellampalle, Hyderabad, Telangana, with an ambitious investment of 520 Crores. The facility is designed to produce 500,000 liters of ethanol per day, tapping into the growing demand for biofuels and beverage-grade alcohol in the region.

The project will cover a vast area, incorporating cutting-edge technology for efficient and sustainable distillation processes. By using locally sourced grains, Grace Ventures not only supports the agricultural sector but also reduces the environmental impact associated with long-distance transportation of raw materials. This approach ensures a steady supply chain and boosts local economies.

Employment opportunities generated by this project will be substantial, offering both skilled and unskilled positions. This influx of jobs is expected to significantly improve the socio-economic conditions of Bellampalle, providing stable employment and skill development for the local community.

Environmental considerations are a priority for Grace Ventures. The distillery will feature modern waste management systems to minimize its ecological footprint, including water recycling facilities and energy-efficient equipment. These initiatives demonstrate the company's commitment to sustainable practices and compliance with environmental regulations.

Upon completion, the distillery by Grace Ventures is poised to become a key player in the biofuel industry and an important contributor to the regional economy. This strategic initiative not only enhances Telangana's industrial capabilities but also aligns with national goals for energy sustainability and rural economic development.

News by Rahul Yelligetti

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Source : Projxnews