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HomeEthanolMishtann Foods to set up grain based ethanol plant in Gujarat

Mishtann Foods to set up grain based ethanol plant in Gujarat

Mishtann Foods (MFL) has executed Memorandum of Understanding (MoU) with the Government of Gujarat for setting up India’s biggest Grain Based Ethanol project of 1000 KLPD in Gujarat.

The estimated project cost is to the tune of Rs 2250 crore, giving employment to 5000+ people directly or indirectly and is expected to generate annual revenue
of approximate Rs.3500 crore. MFL has initiated the required steps to move forward towards the project efficiently with a view to commence the grain-based Ethanol plant as desired from second quarter of the year 2024.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

The above news was originally posted on www.business-standard.com

Sugar Times Team
Sugar Times Teamhttps://www.sugartimes.co.in
The Sugar Times Editorial Team is a group of experienced journalists, analysts, and industry experts dedicated to providing in-depth coverage and insights on the global sugar industry. With years of experience in agriculture, trade, sustainability, and market trends, the team brings a wealth of knowledge and expertise to every article they produce.Focused on delivering accurate, timely, and relevant news, the Sugar Times Editorial Team aims to keep industry professionals, stakeholders, and enthusiasts informed on key developments in sugar production, trade policies, innovations, and sustainable practices. Their collective goal is to help readers navigate the complexities of the sugar sector and stay ahead of emerging trends shaping the future of the industry.You may submit your article on info@sugartimes.co.in if you have valuable contributions for the industry readers.
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