Coastal Corporation Limited — Important, 07-12-2024: General Updates

Coastal Corporation Limited has informed stakeholders about the progress of its Ethanol Project through its subsidiary, Coastal Biotech Private Limited. The construction of the Ethanol Plant, with a production capacity of 198 KLPD, is nearing completion. A trial run is planned for January 2025, with commercial production expected to commence in February 2025. This development is a significant step for the company, enhancing its operational capacity and possibly boosting revenue streams. Stakeholders are encouraged to stay informed about future updates as the project progresses.