The Ethanol Plant, an initiative of MNL’s subsidiary, MBPL, represents a significant stride towards a sustainable future
Modi Naturals (MNL), through its wholly-owned subsidiary Modi Biotech (MBPL), announced the inauguration of its state-of-the-art ethanol distillery in Raipur, Chhattisgarh.
The Ethanol Plant, an initiative of MNL’s subsidiary, MBPL, represents a significant stride towards a sustainable future. With a state-of-the-art distillery boasting a robust production capacity of 210 KLD (thousand litres per day) and a 5.5 MW cogeneration power plant, this facility is poised to profoundly impact the biofuel landscape. The facility is planned to operate at 130 KLD in the first phase, with a capex of Rs. 150 cr. with a debt of Rs. 100 cr.
Akshay Modi, Director, of Modi Naturals, said, “The commissioning of our Ethanol Plant represents an important moment in India’s drive for sustainable biofuels. Modi Biotech is committed to influencing the nation’s energy future. Biofuel is certainly the key to India’s automotive sector. Our Ethanol facility demonstrates our commitment to sustainability, energy security, environmental responsibility, and increasing farm income simultaneously at the same time.