Godavari Biorefineries Limited — Updates, 16-12-2024: Press Release

Godavari Biorefineries Limited (GBL) has announced a strategic investment of approximately ₹130 crore in a new 200 KLPD corn/grain-based distillery. This initiative aims to enhance its ethanol production capabilities and align with India’s green energy goals by introducing dual-feedstock flexibility. The company has reported a 25% year-on-year revenue growth in H1FY25, underscoring its operational strength. The new facility will be financed through internal accruals and debt, and is expected to be commissioned by Q4 FY 2026.

This development not only bolsters GBL's production resilience against climate-induced disruptions but also positions it to meet the increasing demand driven by India’s ambitious ethanol blending targets. By expanding its dual-feedstock capability, GBL is set to strengthen its market presence and support India's energy security objectives, reflecting a positive outlook for both the company and its stakeholders.