Shri Sant Damaji SSK planning to set up Captive Power Project in Maharashtra

Shri Sant Damaji SSK Limited intends to build a molasses-based distillery at Mangalwedha, Solapur, Maharashtra. The project is still in the planning stages, but it will be a 200 KLPD distillery with a captive power plant of 3 MW.The total cost of the project is Rs. 150 crore. The project is planned to be completed between 2025 and 2026.The distillery will generate ethanol, which can be utilized as a biofuel or as a feedstock in other sectors. 

The project is estimated to generate approximately 100 direct and indirect jobs.The distillery is projected to assist the local community in a variety of ways. It will be a source of employment and revenue while also reducing the amount of molasses currently disposed away. In addition, the distillery will create ethanol, which can be used as a biofuel to minimize pollution and reliance on fossil fuels.Although the project is still in its early phases, it is predicted to be a substantial economic development for the Mangalwedha region..Here are some of the potential benefits of the new distillery project for the local community:Job creation: The project is expected to create around 100 direct jobs and indirect jobs. This will provide a much-needed boost to the local economy.Income generation: The project will generate income for the local community through taxes and royalties. 

This will help to improve the quality of life for residents.Pollution reduction: The project will produce ethanol, which can be used as a biofuel to reduce pollution and reliance on fossil fuels. This will benefit the environment and improve air quality in the region.Economic development: The project is expected to attract other businesses to the area and boost the local economy. This will create more jobs and opportunities for residents.Overall, the new distillery project has the potential to be a significant economic development for the Mangalwedha region. It is expected to create jobs, generate income, reduce pollution, and boost the local economy.

As of September 2023, The project is currently in the stage of being approved currently awaiting approval from the government.

News by Rahul Yeligetti