With the investment, the company will set up two new distilleries and increase the capacity at its existing two distilleries, eventually raising its alcohol manufacturing capacity from 320 kilolitres per day (KLD) to 660 KLD.
Sugar and engineering major Triveni Engineering & Industries plans to invest Rs 350 crore to double its alcohol manufacturing capacity over the next nine months, as the company seeks to gain from the government’s push for ethanol blending in petrol.
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