Zuari Industries Limited (ZIL) and Envien International Limited of the Envien Group, with headquarters in Slovakia, entered into binding agreements to jointly develop, build, own, and run a 150 KLPD grain-based distillery in Uttar Pradesh and supply ethanol to oil marketing companies as part of the government of India's ethanol blending programme.
The distillery will be built in Aira, Lakhimpur Kheri, Uttar Pradesh, and it is anticipated that it would start making money by the middle of 2024. Around 2000 people will have direct and indirect work as a result of the distillery. Zuari Envien Bioenergy Pvt Ltd, which will own and manage the project as a joint venture (JV) business, is putting the distillery into action. In order to build up the production of ethanol to around 1000 KLPD in the near future, the JV will investigate both organic
and inorganic growth potential. Athar Shahab, MD, Zuari Industries Limited said: “We are delighted to partner Envien Group to pursue this exciting opportunity that resonates strongly with India’s vision of sustainable development. This will significantly enhance our contribution to the ethanol blending programme of the country that is crucial for reducing our dependence on fossil fuels and import of crude.”
Robert Spisak, Director, Envien International Limited said: “The capacity of the Indian market is simply staggering, and it is a testament to the entrepreneurial spirit and resilience of its Indian people. We are proud to partner with Adventz Group, a respected and established Indian conglomerate with rich legacy and strong commitment towards clean and green fuels. We are confident that our shared values and complementary strengths shall enable us to leverage and scale up the contribution to the ethanol blending programme of India for a sustainable future.”
Zuari Industries Limited is the holding company of the Adventz Group – a leading Indian conglomerate with presence in fertilisers and chemicals, sugar, renewable energy, ethanol, engineering, manufacturing, real estate and services. ZIL owns and operates an integrated sugar complex at Aira, Lakhimpur Kheri, UP.
Envien Group is one of the biggest players in the biofuel industry in Europe. Envien is active in all segments of the biofuel industry from purchasing of feedstock, production of biofuels and the sale of bioethanol and biodiesel. The production facilities of the Envien Group are located in Croatia, Czech Republic, Hungary, Poland and Slovakia.