The Board of Directors of Jagatjit Industries Limited at their meeting held on July 22, 2022, have approved the proposal for setting up 200 KLPD Grain based Ethanol Distillery Plant at Hamira, Distt. Kapurthala, Punjab.
Accordingly, the capacity will be added within 12 months from the date of in-principle approval from the concerned Ministry and sanction of loan.
The estimated investment required is for the project is Rs200 crore and Rs185 crore will be financed from Banks – Project Loans and Rs15 crore from internal sources.
The above news was originally posted on www.indiainfoline.com