Eastern India based leading multifeed distillery business is up for sale.

The company boasts of a grain and maize based Ethanol as well as ENA facility (100% fungible) with a capacity of 300 KLPD sourced from best of the suppliers. It is part of a renowned group engaged in edible oil, ethanol & real estate businesses. 

• In FY24, the plant operated at 200 KLPD capacity. The additional capacity of 100 KLPD has already been commissioned and operational in FY25.
• The company has a strong competitive edge, since it has 100% fungibility to produce either ENA or Ethanol.  Further, it has 100% fungibility in using raw materials as either maize or broken rice.
• The company has surplus land and power capacity available for future capacity expansion to double of the existing 300 KLPD, within a short timeframe and at a significantly lower cost. This shall be able to provide a strong upside potential to the incoming investor.

Products & Services

Main products:
Ethanol and ENA

By-products:
Dried Distillers Grain Solid (DDGS) and CO2

Additional Information

Capacity:

• Ethanol / ENA : 300 KLPD
• Dried Distillers Grain Solid : 200 MT
• Carbon dioxide (CO2) : 120 MT
• 100% fungibility
• Inputs : Use maize or broken / damaged / old rice, for most optimum costing and availability
• Output : Produce either ENA or Ethanol based the on the market demand

Manufacturing Facility:

• Land area of ~35 acres (of which ~11 acres surplus land is available for future expansions)
• 10 MW biomass-based captive power plant (of which 4 MW is available for future expansions)
• 75 tons capacity boiler
• Water treatment plant, Effluent treatment plant, Cooling towers

Robust order book of ~Rs.650 crs for current Ethanol Supply Year (ESY) Nov 2025

Government support:

• Govt’s Ethanol Blending Programme (EBP) - 20% blending in Petrol by ESY 24-25; 30% by ESY 29-30
• GST on ethanol reduced from 18% to 5%
• Inter-state ethanol sales permitted without export fees

Note: The owner is open for both a Minority as well as majority stake sale.