A subsidy of Rs. 11.37 crore has been sanctioned to Parvati Sweetners and Power Limited by the State Level Empowered Committee of the Madhya Pradesh Industrial Development Corporation.
According to recent regulatory filings, the State Level Empowered Committee of Madhya Pradesh Industrial Development Corporation (a unit of Madhya Pradesh Government) MPIDC, Bhopal (M.P.) has sanctioned Subsidy of Rs. 11.37/- Crore for expansion under Investment Promotion Assistance Scheme.
The subsidy will be paid in seven equal yearly installments of Rs. 1.62 crore.
Parvati Sweeteners and Power Limited specializes in crafting a wide range of premium-quality crystal sugar in various grades—large, medium, and small. The company’s products cater to diverse industries, offering refined and pharmaceutical-grade sugar for versatile applications. The company is also engaged in the production of ethanol.
