Godavari Biorefineries to invest $15.3M in corn- and grain-based ethanol production

In India, Godavari Biorefineries Limited announced an investment in corn/grain-based ethanol to further strengthen its ethanol production capabilities. The company plans to invest approximately $15.3M in a new 200,000 liters per day corn/grain-based distillery as part of its existing operations, enhancing flexibility through dual-feedstock capability. The company reported a 25% Y-O-Y increase in revenue growth in H1FY25, demonstrating its operational strength and focus on sustainable growth.\ This strategic move aligns with GBL’s long-term vision of supporting India’s transition to green energy while ensuring resilience against climate-induced risks. The new facility will offer operational fungibility, enabling the use of alternative feedstocks such as maize to mitigate disruptions caused by factors like poor monsoons and policy changes.