SPRINGBOK ENERGY PRIVATE LIMITED

In their own words

SPRINGBOK ENERGY PRIVATE LIMITED is a Company registered in the state of Maharashtra under the Companies Act, 2013. The promoters sensed the great availability of sugarcane in the surrounding region of Kinhi Sawdat, Maharashtra and increasing demand and power of ethanol for Oil market Companies (OMC’s). Keeping in view the needs of the local farmers’ those cultivate sugarcane in the command area, there is win-win situation for both the promoters and the farmers by establishing of this new ethanol production plant. The Kinhi Sawdatplant will be a stand alone unit which is having a capacity of producing 150 Kilo litre ethanol per day and accumulated it can produce 4.5Cr ltr ethanol during a year. It has a store capacity of 0.48 Cr ltr and 6 lac ltr oft day tanks. Director of the Company Mr. Pravin Kumar Sahebrao Jadhao & Mr. Nishat Dinkarrao Kasture are willing to revive the company with totally new plant and machinery setup at the same location. The factory is spread across 8 acres of land which is not hypothecated in any institution. The factory has license to operate the distillery. The company also has all the pollution clearance with them from Maharashtra pollution control board and to operate the distillery in the stated location. Project Rationale The promoters have extensively and carefully analyzed the present and future scenario of Ethanol. They have also studied carefully the present irrigation facilities and surplus molasses, as well as future potential of ethanol demand in the area. The command cane area has excellent irrigation facilities due to the perennial water source. With this background, the promoters have finalized the said project. Promoters have been able to foresee the ethanol potential in the command area. The current policies in india are conducive and backed by favourable regulatory framework for manufacture of fuel ethanol. To increase the blending percentage of ethanol in petrol and thus reduce the import burden on the country, the central government has been pushing for the production of ethanol. Sugar mills are encouraged to produce ethanol, by diverting their juice towards production of ethanol. The promoters also have acknowledged in depth, the socio-economic and environmental value addition of the captioned project to the local people, region, state and the country as well as its win-win situation to all the stakeholders involved.

Written by the company on its public Startup India profile. Not verified by us.