The Board of Directors of EID Parry India Ltd have approved the setting up of a 120 KLPD grain/ sugar syrup/molasses based distillery at the company's Sankili unit in Andhra Pradesh.

The existing capacity of the company is 297 KLPD and the capacity utilization is 90-95%. The new capacity at an outlay of Rs. 92.50 crore is expected to be added by November 2022.

The Government of India have announced an Ethanol Blending Programme of 20% by the year 2025.

The company intends to avail this opportunity by increasing its foray into ethanol production. The proposed distillery will utilize sugarcane juice/syrup as its principal feedstock during the cane crushing season and grains like broken rice/maize/bajra during the off season for the manufacture of ethanol, which is expected to have an assured off take by the Oil Marketing Companies under a clear pricing mechanism.