Associated Alcohols & Breweries expands its alcohol manufacturing capacity worth Rs110cr

Looking to the opportunity, the plant will have dual features of both ENA & ethanol manufacturing.

Mar 23, 2021 02:03 IST India Infoline News Service

Associated Alcohols & Breweries has informed that company has finalized the action plan for the expansion of its alcohol manufacturing capacity.

The location is at its existing distillery complex situated at Khodigram Barwaha by adding the ENA manufacturing of 3 crores liters of alcohol production.

Looking to the opportunity, the plant will have dual features of both ENA & ethanol manufacturing.

Further along with the project the company is going to set up 8 MW turbine along with boiler.

This will make the company power surplus and be capable to meet the in-house power requirements apart from the requirement of its ancillary units

The estimated cost is about 110 crores and expected to be complete by June -2022.

Associated Alcohols & Breweries was trading at Rs432.80 per piece up by Rs3.7 or 0.86% on Sensex.

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