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Balrampur Chini aims ₹ 2,000 cr revenue from new bio-plastic plant in UP

Sugar firm Balrampur Chini Mills Ltd expects about Rs 2,000 crore annual revenue from its new bio-plastic plant in Uttar Pradesh, scheduled to be commissioned during the December quarter, a senior company official said.
Balrampur Chini Mills, which has 10 sugar factories in Uttar Pradesh, is setting up a Poly Lactic Acid (PLA) plant of 80,000 tonnes per annum capacity at a cost of more than Rs 3,000 crore.
In an interview with PTI, Balrampur Chini Executive Director Avantika Saraogi said, “This new plant will be operational in the third quarter of this fiscal.” Asked about the revenue potential from the plant, she said, “We are expecting a revenue of about Rs 2,000 crore at full capacity.
Balrampur Chini posted a total revenue of around Rs 6,300 crore during the last fiscal. The full-year impact of this new PLA plant would be reflected in the 2027-28 fiscal.
Saraogi said the construction activities on the site are undergoing at full speed.
Meanwhile, the company is doing analysis

Source :- Companies Read More

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