India Glycols Ltd. to set up grain based distillery units.

The Board of directors of India Glycols Ltd. have approved to set up, install and commission grain based distillery units with a capacity of 180 KLPD and 110 KLPD at its Kashipur and Gorakhpur Sites. An estimated total capital expenditure of approximately Rs. 304 crore would be incurred on the project.

The grain distillation capacities at Gorakhpur and Kashipur are expected to be commissioned by 31.03.2022.

EQUITYBULLS