M G Petrochem’s agreement with FCI reduces raw material-related risk – 26 Jul 2022

MGPPL is a subsidiary of a Panchkula-based construction company. At present, MGPPL is setting up a new grain-based distillery for manufacturing ethanol with an installed capacity of 200 kilo litre per day.

The company has entered into an agreement with FCI for the supply of rice/broken rice, being the major raw material for manufacturing ethanol at a subsidised rate, going forward