SGZ& SGA Sugars Limited is planning to build a new distillery plant at Turchi, Sangli, Maharashtra. The project is estimated to cost Rs 350 crore and will have a capacity of 215 kiloliters per day (KLPD). The distillery plant will produce ethanol from molasses, a byproduct of sugar production.
Ethanol is a renewable fuel that can be used to replace fossil fuels in a variety of applications, including transportation, power generation, and chemical production. The demand for ethanol is expected to grow in India in the coming years, driven by the government's policies to promote the use of renewable fuels.
SGZ& SGA Sugars Limited is a leading sugar manufacturer in India. The company has a strong track record of producing high-quality sugar and is committed to sustainable development.
The construction of the Turchi distillery plant is a significant step forward for SGZ& SGA Sugars Limited. The project will allow the company to diversify its product offerings and tap into the growing market for ethanol.
As on November 2023, The project is now in the stage of construction being started. The completion of the project's work has reached the 40% mark. The work on the project will be finished by December of 2024.
News by Rahul Yelligetti