Vishwaraj Sugar Industries Ltd (VSIL) has announced investment of ₹ 250 crore to set up a new Ethanol plant in Karnataka.
This would be a greenfield Ethanol production facility having a capacity of 2.5 Lakh Litres per day. The company said it has already acquired 110 acres land for this plant. The site is situated within 80 Km from the existing factory in the Belagavi district. Vishwaraj Sugar has set target to start production at this facility by beginning of FY-2024.
At present, VSIL has a sugarcane crushing capacity of 11,000 Tonnes per day, distillery capacity of 1 Lakh Litres per day, co-generation capacity of 36.4 MW, and vinegar manufacturing capacity of 70,000 litres per day.