Detail of proposed project

Machineries/equipments

Sr. No. Machinery Price Supplier

1. Crusher
2. Grinder
3. Distillation Column
4. Pneumatic Filters
5. Storage Tanks
6. Heat Exchanger
Network

Raw materials and Chemicals

Sr. No. Item Price (Rs./ Kg) Sources

1. Sugarcane 2.6
2. H3PO4 (85%) 63 Anacon Labs
3. NH4OH 23 (/ml) Anacon Labs
4. MgSO4 200 Anacon Labs
5. Sodium metabisulfate 70 Anacon Labs

Utilities

Sr. No. Utility Consumption Details

1. Electricity
2. Water
1. Cooling Water
2. Process Water
3. Others

Man Power

Sr. No. Labour Skill No. of Labourers Wages to the Labourers

1. Skilled Rs. 2,25,000 / Year
2. Semi-skilled Rs. 1,75,000 / Year

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Market Study

India ethanol market is projected to grow from $ 2.50 billion in 2018 to $ 7.38 billion by 2024, exhibiting a
CAGR of 14.50% during 2019-2024, on the back of increasing ethanol use in applications such as fuel additives
and beverages. Ethanol is a prominent alcoholic beverage, mainly found in beer, cider, wine, spirits and ale.
Indian government is trying to reduce its dependence on imported crude oil and incentivizing Indian sugar
manufacturers to produce ethanol for Oil Marketing Companies (OMCs). It is expected that ethanol production
will increase by three to five folds in the future in order to meet the demand for its 20% Fuel Blending Program
(FBP). Factors such as increasing alcohol consumption and changing lifestyle along with growing influence of
the western culture are likely to drive the demand for ethanol in the country.

Industrial methylated spirits derived by adding methanol to ethanol is used as a solvent in chemical industries
and in domestic burners for household chores such as heating and cooking. However, consumption of ethanol
coupled with denatured alcohol is lethal and induces sleep. These properties are anticipated to hinder market
growth and pose challenges to industry partakers.

In terms of source, India ethanol market has been categorized into sugar & molasses based ethanol, second
generation (mixed grains) and grain-based ethanol. Based on application, the market has been segmented into
industry solvent, fuel & fuel additive, beverages, disinfectant, personal care, and flavoring & fragrance.  Based
on purity, the market has been segmented into denatured and undenatured. Government’s emphasis on
ethanol production from bio mass and solid waste is likely to become a major source of ethanol production in
future.

According to OECD-FAO Agricultural Outlook 2018-2027, demand for biofuels is shifting towards emerging
economies, which are rapidly putting in place policies that favor the domestic bio-fuels market. Furthermore,
the market projections suggest that 84% of the total additional demand for ethanol are expected from
developing countries. Additionally, in many countries, compulsory blending rules impose a minimum share of
ethanol and biodiesel to be utilized in transport fuel.

Some of the major players in India ethanol market are India Glycols, Bajaj Hindusthan Sugar, Shree Renuka
Sugars Ltd., Triveni Engineering & Industries Ltd., Balrampur Chini Mills Ltd., Mawana Sugars Ltd., HPCL
Biofuels Limited, Jeypore Sugar Company Ltd., Simbhaoli Sugars Ltd., BSM Sugar and E.I.D Parry India Ltd.

Cost of the project

Total cost of project (Rs. in lacs)

 Sr. No. Particulars Existing Proposed Total
1. Land & Site 0.00 200.00 200.00
Development Exp.
2. Buildings 0.00 759.00 759.00
3. Plant & Machineries 0.00 1068.00 1068.00
4. Motor Vehicles 0.00 20.00 20.00
5. Office Automation 0.00 611.00 611.00
Equipments
6. Technical Knowhow 0.00 100.00 100.00
Fees & Exp.
7. Franchise & Other 0.00 0.00 0.00
Deposits
8. Preliminary& Pre- 0.00 5.00 5.00
operative Exp
9. Provision for 0.00 107.00 107.00
Contingencies
10. Margin Money - 0.00 101.71 101.71
Working Capital
TOTAL 0.00 2971.71 2971.71

Means of finance (Rs. In Lacs)

Sr.. No. Particulars Existing Proposed Total

1. Capital 0.00 742.93 742.93
2. Share Premium 0.00 0.00 0.00
3. Other Type Share 0.00 0.00 0.00
Capital
4. Reserves & Surplus 0.00 0.00 0.00
5. Cash Subsidy 0.00 0.00 0.00
6. Internal Cash 0.00 0.00 0.00
Accruals
7. Long/Medium Term 0.00 2228.78 2228.78
Borrowings
8. Debentures / Bonds 0.00 0.00 0.00
9. Unsecured 0.00 0.00 0.00
Loans/Deposits
TOTAL 0.00 2971.71 2971.71

Project Profitability Analysis

Sr. No. Description Value Rs.

1. Sales Revenue
2. Manufacturing Expenses
3. Selling and Distribution Expenses
4. Administration Expenses
5. Interest
6. Depreciation
7. Gross Profit
8. Income Tax
9. Net Profit