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Devraj Distillery to begin work on Jalalpur project by August 2019

Tuesday, 18 Jun 2019
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Devraj Distillery is planning to set up distillery unit with a capacity of 80 klpd at Jalalpur in Bijnor district of Uttar Pradesh.

The project will come up over 14 acre of land parcel and will see investment to the tune of Rs 120 crore.

The company had earlier planned 100 klpd but was later changed to 80 klpd. The cost of the project will be funded 30 per cent from PNB Bank, Delhi and 70 per cent from internal accruals.

The company has acquired land for setting up the project. The work on the project was expected to commence by August 2014, but was delayed due to clearances and financial issues.

Finally in December 2017, the company received environmental clearances to undertake the project. Subsequently, all the necessary clearances were received by September 2018.

As per the latest update available with Projects Today, Devraj Distillery is awaiting  funds from PNB Bank. Work on the project is likely to commence by August 2019.

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