{"id":196197,"date":"2024-12-16T12:35:31","date_gmt":"2024-12-16T12:35:31","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/12\/16\/godavari-to-invest-rs-130-crore-for-enhancing-ethanol-production-times-of-india\/"},"modified":"2024-12-16T12:35:31","modified_gmt":"2024-12-16T12:35:31","slug":"godavari-to-invest-rs-130-crore-for-enhancing-ethanol-production-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/12\/16\/godavari-to-invest-rs-130-crore-for-enhancing-ethanol-production-times-of-india\/","title":{"rendered":"Godavari to invest Rs 130 crore for enhancing ethanol production &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"225\" src=\"https:\/\/i2.wp.com\/static.toiimg.com\/thumb\/msid-116369445,imgsize-486203,width-400,resizemode-4\/116369445.jpg?resize=400,225&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Godavari to invest Rs 130 crore for enhancing ethanol production &#8211; Times of India\" title=\"Godavari to invest Rs 130 crore for enhancing ethanol production &#8211; Times of India\" \/><\/div><p> <br \/>\n<\/p>\n<div data-articlebody=\"1\">\n<div class=\"_s30J clearfix  \">\n<div class=\"MwN2O\">\n<div class=\"T22zO\">\n<section class=\"D3Wk1  clearfix id-r-component leadmedia undefined undefined  VtlfQ\" style=\"top:0px\">\n<div class=\"D3Wk1\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"zPaFh\">\n<div class=\"wJnIp\"><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<p>MUMBAI: <!-- -->Godavari Biorefineries<!-- --> on Monday announced a Rs 130-crore <!-- -->investment<!-- --> to enhance ethanol production. The investment will be in a <!-- -->corn\/grain-based distillery<!-- --> to further strengthen its <!-- -->ethanol production<!-- --> capabilities, the company said in a statement. <br \/> The Rs 130 crore investment will be done in a new 200 KLPD corn\/grain-based distillery to add to its existing operations, enhancing flexibility through dual-feedstock capability, it said. <br \/> The new facility will be commissioned by March 2026, the statement said, adding that the capital expenditure will be financed through internal accruals and debt. <br \/> Samir Somaiya, its chairman and managing director, said the new capacity will complement the existing sugarcane-based operations. <br \/> &#8220;This will give us a dual-feedstock capability and will ensure more resilient ethanol production, even during climate-related disruptions, and position us to meet the growing demand under <!-- -->India&#8217;s ethanol blending programme<!-- -->,&#8221; he added. <br \/> The new facility will offer operational fungibility, enabling the use of alternative feedstocks such as maize to mitigate disruptions caused by factors like poor monsoons and policy changes, the statement said. <br \/> The company&#8217;s scrip closed 0.63 per cent higher at Rs 358.10 apiece on the BSE.<\/div>\n<\/div>\n<p><script>\nvar _mfq = window._mfq || [];\n_mfq.push([\"setVariable\", \"toi_titan\", window.location.href]);\n!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n         function setAttributes() {\n                    var prime_user_status = window.isPrime ? 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The investment will be in a corn\/grain-based distillery to further strengthen its ethanol production capabilities, the company said in a statement. The Rs 130 crore investment will be done in a new 200 KLPD corn\/grain-based distillery to add to its existing [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":196198,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static.toiimg.com\/thumb\/msid-116369445,imgsize-486203,width-400,resizemode-4\/116369445.jpg","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[289,153944,1955,12988,2303,153943,59725,153942,273,153941,4363,382,6267,272],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/196197"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=196197"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/196197\/revisions"}],"predecessor-version":[{"id":196199,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/196197\/revisions\/196199"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/196198"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=196197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=196197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=196197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}