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E.I.D. Parry (India) Ltd. Capital/Financing Update 2021

Sep 7, 2021

Capital/Financing Update

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a.	Existingcapacity	297KLPD
b.	Existingcapacityutilization	90-95%
c.	Proposed capacityaddition	120KLPDat Sankili,Andhra Pradesh
d.	Period within which the proposed capacityistobe added;	ByNovember, 2022
e.	Investment required	Anestimated investmentofRs. 92.50 Crore
f.	Modeoffinancing	Borrowing
g.	Rationale.	GovernmentofIndia have announcedanEthanol Blending Progarmrrieof20%bythe year 2025.TheCompany intendsto avail thisopportunityby increasing its foray into Ethanol Production. The proposed distillery will utilize sugarcane juice / syrupasits principal feedstock during the cane crushing season and grains like broken rice/maize/bajra during theoffseasonfor the manufactureofethanol, whichisexpectedtohavean assuredofftake by the Oil Marketing Companies under a clear pricingmechanism.