Incorporated in 2018
About Greenative Petrochem
Message from the CEO
T. Sreekanth, Former IAS
At Greenative Petrochem, our journey from incorporation in 2018 to commissioning of MSDH plant in 2021 and grain-based distillery in 2024 reflects disciplined execution and focus. With operations now steady and production volumes growing beyond expectations, we remain committed to efficiency, governance, and creating long-term value for our shareholders.
Corporate Overview
Greenative Petrochem produces ethanol for India’s Ethanol Blending Program and supports national energy security. Our plant is designed for multi-feedstock flexibility (rice, maize, molasses) and delivers by-products with commercial value — DDGS, fly ash, and liquid CO₂.
We operate with a compliance-first governance model, focusing on efficiency, sustainability, and long-term shareholder value.
Capacity
100 KLPD Grain distillery with 95 KLPD MSDH + 100 KLPD MSDH plant = 195 KLPD ethanol production
Incorporated
2018
Registered Office
Latur, Maharashtra
Our Vision
To be a global leader in sustainable ethanol production, driving the world toward a cleaner, greener future.
Our Mission
We contribute to the transition to sustainable energy by producing high-quality ethanol, sharing expertise, and collaborating with partners to accelerate adoption.
Our Milestones
Phase 1: Foundation (2018–2022)
Incorporated in 2018 in Latur, Maharashtra. Initiated project development and secured approvals for ethanol production facility.
- 2018 — Greenative Petrochem Pvt. Ltd. incorporated.
- 2021 - MSDH Ethanol Plant commissioned in Dec
- 2022 — Construction begins on the grain-based distillery
Phase 2: Commissioning (2022–2024)
Construction executed between 2022–24. Grain-based distillery (95 KLPD) commissioned in November 2024.
- 2023 — Project execution progresses; systems, feedstock planning, and compliance frameworks put in place.
- Nov 2024 — Commissioning of 95 KLPD grain-based distillery.
📈 Phase 3: Growth & Outlook (2024–2027)
First year of operations delivered 2.24 Cr liters. YTD Jan 2026 already surpasses previous year’s total with production at 4.3 Cr Liter with estimated production of ~5.5 cr by 31st March 2026
- FY 2024–25 — First year of operations: 2.24 Cr Liters produced.
- Jan 2026 (YTD) — First Full Financial year of operations - Production surpasses previous year’s total with production at 4.3 Cr Liters
- 2027 (Planned) — IPO milestone.
Phase 1
Startup Era
2018–2022
Foundation & Vision
- Company incorporation (Sep 2018)
- MSDH technology adoption
- First plant construction
- Strategic planning phase
Key Achievement
Visionary entry into sustainable ethanol sector with clear long-term strategy
Capacity
100 KLPD
Phase 2
Expansion Era
2022 – 2024
Strategic Diversification
- Grain-based distillery establishment
- Capacity doubling to 200 KLPD
- Feedstock flexibility achieved
- Policy alignment with government
Key Achievement
Overcame seasonal limitations with dual-feedstock capability
Capacity Growth
200 KLPD
Phase 3
Market Leader
2024– Ongoing
Scaled Operations
- FY 24–25: ₹147 crore revenue achieved
- YTD Dec 25: ₹260 crore revenue achieved
- CRISIL rating upgrade
- Operational excellence focus
Key Achievement
Recognized as significant force in India’s ethanol sector
Revenue FY25
₹147 Cr
Revenue FY26 YTD Dec 25
₹260 Cr
Phase 1 Duration
4 Years
Phase 2 Duration
2 Years
Current Phase
Ongoing
Phase 1
Startup Era
Capacity : 100 KLPD
2018–2022
Foundation & Vision
- Company incorporation (Sep 2018)
- MSDH technology adoption
- First plant construction
- Strategic planning phase
Key Achievement
Visionary entry into sustainable ethanol sector with clear long-term strategy
Phase 2
Expansion Era
Capacity : 200 KLPD
2022 – 2024
Strategic Diversification
- Grain-based distillery establishment
- Capacity doubling to 200 KLPD
- Feedstock flexibility achieved
- Policy alignment with government
Key Achievement
Overcame seasonal limitations with dual-feedstock capability
Phase 3
Market Leader
Revenue FY25 : ₹147 Cr
Revenue FY26 YTD Dec 25 : ₹260 Cr
2024– Ongoing
Scaled Operations
- FY 24–25: ₹147 crore revenue achieved
- YTD Dec 25: ₹260 crore revenue achieved
- CRISIL rating upgrade
- Operational excellence focus
Key Achievement
Recognized as significant force in India’s ethanol sector
Leadership Philosophy
At Greenative Petrochem, our leadership approach is built on principles that guide every decision:
Growth with Discipline
We scale responsibly, focusing on efficiency and long-term value.
Governance with Transparency
Compliance-first operations backed by structured oversight.
Sustainability at the Core
Environmental responsibility and by-product utilization are integral to our model.
People & Partnerships
Engaging employees, farmers, and stakeholders as part of our growth journey.
Board of Directors
Renu Kulshrestha
Managing Director
G Sukumar Reddy
Director
Sanjay Chandrakant Autade
Director
Mrs. K. Arundhathi
Director
Management Group