Godavari Biorefineries invests Rs 130 crore to set up a 200 KLPD corn/grain-based distillery
Godavari Biorefineries Limited (GBL) plans to invest ₹130 crore in a 200 KLPD corn/grain-based ethanol distillery, enhancing its dual-feedstock capability. The project, funded through internal accruals and debt, is set for commissioning by Q4 FY2026. This expansion supports India’s ethanol blending goals and mitigates climate-related risks. GBL reported 25% revenue growth in H1FY25, highlighting its sustainability-driven business model.
Godavari Biorefineries Limited (GBL), a leader in bio-based chemicals and ethanol production, has announced an investment of ₹130 crore to establish a 200 KLPD corn/grain-based distillery at its existing operations. The investment will enhance ethanol production flexibility through dual-feedstock technology, complementing the company’s existing sugarcane-based operations.
Key Highlights of the Investment:
- Proposed Capacity: 200 KLPD
- Investment Amount: ₹130 crore (funded through internal accruals and debt)
- Commissioning Timeline: Q4 FY2026
This strategic move aligns with GBL’s vision to support India’s ethanol blending program and green energy transition. By leveraging dual-feedstock capability, the company aims to ensure production stability and resilience against disruptions caused by climate-induced risks such as poor monsoons.
GBL reported a 25% year-on-year revenue growth in H1FY25, underscoring its operational strength and commitment to sustainable growth.
Mr. Samir Somaiya, Chairman and Managing Director of Godavari Biorefineries, emphasized that this expansion will strengthen India’s energy security goals while positioning the company to meet the growing demand for ethanol production.
About GBL
Godavari Biorefineries Limited operates cutting-edge bio-refinery facilities across Maharashtra and Karnataka and focuses on renewable energy, biofuels, and sustainable chemical production.
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Source : Business UpTurn
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