Intimation regarding commencement of commercial production of 200 KLPD Grain based Ethanol Distillery Plant
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jagatjit Industries has started commercial production of grain-based ethanol at its new 200 KLPD (Kilo Litres Per Day) distillery plant located at Jagatjit Nagar, Kapurthala, Punjab. The announcement, made on 18 July 2025, follows earlier updates from July 2022, October 2022, and September 2023, indicating the project has been under development for nearly three years. The 200 KLPD capacity is a sizeable addition and aligns with India's ethanol blending programme, opening a new revenue stream for the company. No financial figures, offtake details, or revenue guidance were disclosed in this intimation.
Positive for long-term growth as the new plant adds meaningful ethanol capacity and a fresh revenue stream, though no immediate price catalyst is expected since offtake contracts and contribution to revenue are yet to be quantified.