Current Date: 21 Nov, 2024

Nashik Gears Up for Green Fuel: Alcochemagro Announces ₹120 Crore Ethanol Unit

Alcochemagro Industries Private Limited's Ethanol Unit Project in Balhegaon, Yeola, Nashik, Maharashtra, represents a significant investment of ₹120 Crores, showcasing the company's commitment to sustainable biofuel production.

With an ethanol production capacity of 100 Kilo Litres Per Day (KLPD) and a co-generation power plant capacity of 2.4 MW, the project aligns with India's goals to increase biofuel production and promote cleaner energy sources.

By utilizing bagasse, a sugarcane byproduct, for power generation, the project contributes to waste management and resource efficiency, while also potentially benefiting local farmers through increased demand for sugarcane.

News by Rahul Yelligetti

Source : Projxnews