Jagatjit Industries Ltd. to set up 200 KLPD grain based Ethanol Plant at Hamira
The Board of Directors of Jagatjit Industries Limited at their meeting held recently, have, approved the proposal for setting up 200 KLPD Grain based Ethanol Distillery Plant at Hamira, Distt. Kapurthala, Punjab - 144802.
The capacity will be added within 12 months from the date of in-principle approval from the concerned Ministry and sanction of loan.
The project will be financed through Rs. 185 Crores from Banks - Project Loans and Rs. 15 Crores from internal sources.
Enthused by the Hon'ble Prime Minister's program of achieving higher ethanol blending coupled with recently announced higher Ethanol prices, the Company has decided to set up its 200 KLPD Grain based Distillery Plant at its Hamira Unit in the State of Punjab.
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