Ethanol Fuels Businesses Seeking Loan in Maharashtra

- Business involved in the processing and wholesaling of pulses and grains. - Total 250 B2B clients for the pulses and grains. - Annual average revenue growth rate of 13% of this vertical. - Promoters have 10 years of experience in this field. - We now want to foray into the production of ethanol fuel and want to start our own factory. - The 22 acres of land have been acquired for the factory. - Plant will be built with modern technology and efficient processes. - Ethanol fuel produced will be of high quality and offered at competitive prices.

- Manufacturer of fuel-grade ethanol for government and corporate clients. - This entity is a standalone subsidiary of a group company that has operated for 35 years and manufactures heat exchangers. - Our main raw material is sugar molasses from sugarcane. The ethanol produced is then mixed with petrol. - We can produce around 35,000 liters of ethanol in a 24 hours time period. - Most ethanol production plants including ours have been closed for the last 6-7 months due to lack of raw materials and the current global situation. - Our product is sold mainly through global open tenders and there is more demand than supply for ethanol. - 80% of the product is sold to government oil companies and 20% is sold to corporate companies. - We plan to start selling a greater percentage to corporate companies in the future. - Our main revenue will be generated from Dec to March when tenders open and we project revenues to be around INR 15 crore from that period alone. - We have our own website/domain which is used for official email communication but the website is not live.