Dollex Agrotech Ltd. has announced a delay in the commencement of production at its upcoming ethanol facility. The project, part of India’s ethanol blending program, was expected to begin operations in October 2025. The company cited logistical and technical hurdles as reasons for the revised timeline.
Dollex Agrotech Ltd., a key player in sugar and biofuel manufacturing, has postponed the launch of its ethanol production unit under the government’s ethanol blending initiative. The facility, located in Madhya Pradesh, was scheduled to begin operations this month but now faces an indefinite delay due to supply chain disruptions and pending regulatory clearances.
Key Highlights
- The ethanol project is part of India’s national ethanol blending program led by the Ministry of Petroleum and Natural Gas
- Dollex Agrotech had planned to begin production in October 2025, targeting fuel-grade ethanol output for oil marketing companies
- The delay stems from incomplete equipment installation and delayed vendor deliveries
- Regulatory inspections and final approvals are still pending, pushing back the operational timeline
- The company has assured stakeholders of revised commissioning plans and expects progress by the end of Q4 FY26
- Dollex’s stock remained stable post-announcement, reflecting investor confidence in long-term prospects
Notable Updates
- The ethanol unit is designed to process molasses and sugarcane juice, contributing to India’s energy diversification goals
- The company continues to expand its sugar operations and co-generation capacity to support integrated biofuel production
- Analysts expect minimal financial impact in FY26, with ethanol revenues projected to scale in FY27
Sources: Dollex Agrotech Ltd. official disclosures, Screener.in company profile, Chittorgarh rights issue review, Ministry of Petroleum and Natural Gas ethanol blending program briefings