ETHANOL MANUFACTURING PLANT IS FOR TAKEOVER
· Ethanol manufacturing 12 tcd per day
· It is also have a new Jaggery plant
Business Overview
- Located in Maharashtra, this[RVS1] business operates as the first ethanol plant sanctioned under PMRDA norms, showcasing a commitment to regulatory compliance and sustainability.
- The facility boasts an impressive ethanol production capacity of 90 kiloliters per day (KLPD) and features a jaggery plant with a capacity of 1,250 tons of cane per day (TCD). (Praj and Thermax co. Make equipments)
- The business specializes in manufacturing ethanol, a renewable fuel source, and also serves as a local trader of jaggery powder, catering to the growing demand for organic and natural sweeteners.
- Products are sold to Oil Marketing Companies (OMCs) and various local traders, ensuring a diverse and stable customer base with 7 to 8 regular buyers.
- The business operates on 45acres of nonagricultural (NA) land, providing ample space for expansion and operational efficiency.
- Holds all necessary licenses, including an exercise license and environmental clearance, reinforcing its commitment to industry standards and best practices in the ethanol fuels sector.
Products & Services Overview
Ethanol manufacturer and local traders for jaggery powder. Sold to OMCs and traders.
Assets Overview
- 45 acres of NA land just 36 km from airport INR 70 crore.
- Plant and machinery INR 220 crore.
Machinery include: 22.5 incineration boiler with 2MW turbine, 90KLPD distillery ethanol and ENA + 35TPH boiler with 3MW turbine, ideal for expansion with 1,250TCD jaggery plant +22TCD biogas plant, which can be further expanded to 12TCD CNG.
Facilities Overview
45 acres of owned land with a factory just 36 kms from airport.
Capitalization Overview
Business needs working capital of INR 40 cr to run both the jaggery unit and the distillery unit.
Having INR 132 cr bank debts + INR 19 cr creditors + INR 151 cr settlement liabilities.
There are 4 family members with an equal shareholding split.
Buyer can convert it into liquor manufacturing unit after obtaining necessary approvals from Stage government.
