India’s Shree Renuka Sugars establishes ethanol subsidiary as part of $117 million expansion

In India, Shree Renuka Sugars said that it will establish a new subsidiary, SRSL Ethanol, part of the company’s $117 million expansion plan, which includes a new sugar refinery in Mudra and a 15 MW power plant in Karnataka. The new subsidiary will construct a new sugar and ethanol plant in Maharastra with an undisclosed capacity.

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