MSDH Ethanol Plant commissioned in Dec 2021
Our 100 KLPD Molecular Seive Dehydration Plant was commissioned in Dec 2021, marking the first major milestone of Greenative journey in the ethanol production.
Dec 2021
Commisioned
100 KLPD
Installed Capacity
Latur, Maharashtra
Location
Grain-Based Ethanol Plant Commissioned in November 2024
Our 100 KLPD grain distillery with 95 KLPD MSDH unit in Latur is now fully operational, marking Greenative’s transition from construction to consistent production.
Nov 2024
Commisioned
95 KLPD
Installed Capacity
Latur, Maharashtra
Location
From 2.24 Cr Liters in FY 24–25 to Projected 5 Cr Liters in FY 25–26
With full-scale operations, production is expected to grow 2.4× in FY 25-26, strengthening our role in India’s Ethanol Blending Program.
FY 24–25 Production
2.24 Cr liters
FY 25–26 (Projected)
~5 Cr liters
Grain Share Increased
36% → 64% YTD Jan
Supplying to Public and Private OMCs
Our ethanol is supplied to IOCL, BPCL, HPCL, MRPL, Reliance, Nayara, and Shell, ensuring consistent demand under India’s blending program.
7
Major OMCs & Private Buyers
65%
% of sales share to Public OMCs
35%
% of sales share to Private OMCs
Delivering Growth with a Disciplined Investment Approach
We reported ₹147.5 Cr in revenue in FY 24–25 with positive EBITDA and PAT. Our expected revenue for FY25-26 would be 350Cr with a PAT of 25 Cr. With IPO targeted for 2027, we are building a transparent platform for growth.
FY 24–25 Revenue
₹147.5 Cr
EBITDA
₹12.6 Cr
PAT
₹3.45 Cr
Delivering Growth
with Discipline
Greenative Petrochem has transitioned from project execution to steady operations within a short timeframe. With production volumes already surpassing the previous year, we are positioned to scale significantly in FY 25–26. Our focus remains on operational efficiency, reliable offtake to India’s leading oil companies, and building long-term value for our shareholders.
Investor Outlook
Clear roadmap towards disciplined growth and IPO 2027 readiness
.
Operational Efficiency
Prioritizing utilization, logistics planning, and feedstock optimization to sustain performance
Governance
Strengthened oversight through Board-led committees and compliance-first operations
Strategic Alignment
Fully integrated into India’s Ethanol Blending Program, contributing to energy security and climate goals
Investor Outlook
Clear roadmap towards disciplined growth and IPO 2027 readiness
.
Operational Efficiency
Prioritizing utilization, logistics planning, and feedstock optimization to sustain performance
Governance
Strengthened oversight through Board-led committees and compliance-first operations
Strategic Alignment
Fully integrated into India’s Ethanol Blending Program, contributing to energy security and climate goals
Quick Facts & Achievements
Beyond production and capacity, Greenative Petrochem’s progress is defined by efficiency, governance, and sustainable practices. These achievements demonstrate our credibility as a young but disciplined platform.
Multi-Feedstock Capability
Ability to process rice, maize, and molasses, ensuring flexibility and resilience in raw material sourcing.
Product Portfolio
Core ethanol production with valuable by-products including DDGS, fly ash, impure spirit, and liquid CO₂.
Market Relevance
We supplying to all the Public and Private OMCs in India
Workforce Strength
300+ employees engaged across operations, contributing to local livelihoods and rural development.
ESG in Practice
Closed-loop water management, by-product utilization, and a compliance-first approach to emissions and effluent management.
Greenative at a Glance
Greenative Petrochem Pvt. Ltd., incorporated in 2018, in Latur, Maharashtra. We produce ethanol for India’s Ethanol Blending Program through a grain-based distillery and MSDH unit, alongside by-products such as DDGS, fly ash, and liquid CO₂. Guided by a seasoned leadership team, our focus is on operational discipline, sustainable growth, and long-term value creation.
Driving Sustainable Growth through Ethanol and By-Product
We advance India’s energy transition by producing fuel-grade ethanol that supports the Ethanol Blending Program while generating value-added by-products.
Our grain-based and MSDH distilleries are designed for complete resource utilization — converting agricultural inputs into clean fuel, feed, and reusable materials.
This integrated model strengthens farmer linkages, enhances energy security, and promotes circular value creation through DDGS, CO₂ recovery, fly ash, and impure spirit utilization.
From grain to green energy — every litre of ethanol we produce fuels progress for people and the planet.
Sustainability & Governance
Our operations are designed for long-term sustainability and governed by a compliance-first approach. From closed-loop water management to by-product utilization, we minimize environmental impact while maintaining transparency through board-led governance structures.
Closed-Loop Water Management
Zero-liquid discharge
systems in place
By-Product Utilization
DDGS, fly ash, impure spirit,
CO₂ captured and valorized
Air & Emissions Control
Compliance with Environment standards - CO2 is captured and converted into food grade CO2 for beverage industry
Strong Governance
Oversight by Board-led committees and structured risk management
Future Outlook
Greenative is advancing toward its next phase of growth through capacity expansion, operational excellence, and disciplined diversification.
Operational Excellence: Sustaining high utilization, optimizing feedstock sourcing, and strengthening logistics and governance systems.
Capacity Expansion: Establishing new plants and increasing existing capacity through M&As to meet rising ethanol demand under India’s blending program.
By-Product Innovation: Advancing with research to convert DDGS to high value protein unlock new value streams and enhance circularity.
New Bio-Fuel Frontiers: Venturing into new bio-fuels to accelerate our contribution to the nations clean energy transition.
IPO Readiness 2027: Building a transparent, well-governed, and investor-focused organization positioned for long-term growth.
Our future is shaped by steady execution, stronger operations, and sustainable growth that supports India’s energy transition.