DPR Complete · Seeking Investment · April 2026

Fueling
India's Energy
Independence

Proposed 60 KLPD Grain-Based Ethanol Distillery & 2.5 MW Co-Generation Plant near Bellary, Karnataka — aligned with India's E20 mandate and the emerging E27 roadmap.

60 KLPD
Daily Capacity
₹145 Cr
Project Outlay
23.5%
Post-Tax IRR
4.5 Yrs
Payback Period
⚡ E20 Sustained — Feb 2026 · 🌽 Maize Ethanol: ₹71.86/L · 📊 IRR 23.5% | DSCR 2.2x · 🏭 60 KLPD · 1.98 Cr L/Year · 🌿 ZLD + Rice Husk Co-Gen · 📍 Bellary, Karnataka · 💰 DFPD Subvention 6% · ⚡ E20 Sustained — Feb 2026 · 🌽 Maize Ethanol: ₹71.86/L · 📊 IRR 23.5% | DSCR 2.2x · 🏭 60 KLPD · 1.98 Cr L/Year · 🌿 ZLD + Rice Husk Co-Gen · 📍 Bellary, Karnataka · 💰 DFPD Subvention 6% ·
1.98Cr L
Annual Ethanol
₹162Cr
Year-1 Revenue
₹47Cr
EBITDA (29%)
₹25Cr
Net Profit Y1
330days
Operating Days
Project Roadmap

Where We Are
Right Now

Transparent project tracking from concept to commissioning.

Concept & Feasibility
Q4 2024
DPR Complete
Mar 2026
Investment & Approvals
Apr–Aug 2026
3
Construction & EPC
Q4 2026 – Q3 2028
4
Commissioning
Q4 2028

Fueling the
E20–E27
Transition

India achieved the E20 ethanol blending milestone in November 2025 — four months ahead of schedule. As of February 2026, the 20% blending level has been sustained continuously, with OMCs receiving 88.5 crore litres in February alone.

The national conversation has already moved to the post-E20 roadmap. ISMA formally approached the PMO in March 2026 urging a fast-tracked E22→E25→E27 roadmap. BIS has been directed to develop E27 fuel standards. For a plant commissioning in 2028, this trajectory is a direct demand tailwind.

🌾
Multi-Feedstock Flexibility
Maize · Broken Rice · FCI Surplus Rice · Damaged Food Grains. Switch by season to maximise margins.
♻️
Zero Liquid Discharge
MEE Evaporator + CPU system — 70% water recycled. DDGS animal feed as high-value by-product.
Captive 2.5 MW Co-Generation
25 TPH FBC Boiler on rice husk. Energy self-sufficiency. Grid as standby only.
✅ Active · 2024–29
Karnataka Industrial Policy
Investment promotion subsidies for bioenergy
Deemed non-agricultural land status
Single window clearances via Invest Karnataka
Power tariff concessions for captive users
✅ Active · ESY 2025-26
DFPD Interest Subvention
6% p.a. subvention on term loan interest
Effective interest rate reduced to ~3.5%
5-year coverage incl. 1-year moratorium
Covers distillation, ZLD, storage
⚡ Emerging · Post-E20
E27 Roadmap & Flex-Fuel Push
ISMA requested E22→E25→E27 roadmap
BIS directed to develop E27 standards
350-400 Cr L/yr additional demand at E27
Plant commissioning in 2028 directly benefits
Leadership

Built by
Operators

AK
Arjun K
Founder & Project Lead

Arjun is the founder of Ark Bioenergies, leading the company from concept through DPR completion to investment-ready stage. With a background bridging industrial engineering and AI-driven systems, he brings a rare combination of domain expertise in bioenergy economics and the technical sophistication to deploy modern monitoring, automation, and supply-chain analytics across plant operations.

Based in Bengaluru with deep regional ties to the Bellary–Raichur–Kurnool agricultural corridor, Arjun has spent the past 18 months developing end-to-end project documentation, feedstock supply mapping, and policy alignment for the 60 KLPD greenfield distillery.

DPR Lead Author Bioenergy Strategy Plant Engineering Investor Relations
Aligned with India's Bioenergy Framework
🏛️
DFPD
Interest Subvention
OMCs
10-Yr Offtake
📋
BIS 15464
Quality Standard
🌿
MoPNG
EBP Programme
🏭
Karnataka
Industrial Policy
🌾
National Biofuel
Policy 2018
Strategic Location

The Border
Advantage

Bellary, Karnataka — at the intersection of two states' agricultural surplus and industrial incentives.

KARNATAKA ANDHRA PRADESH TUNGABHADRA RIVER BELLARY 🏭 ARK PLANT SITE Kurnool Raichur Guntakal Hospet ~55 km
Key Distances
🚛 Guntakal OMC: ~55 km
🌾 Raichur AMC: ~60 km
🌽 Kurnool AMC: ~80 km
🏭 Hospet Rail: ~25 km
01
📍 Bellary District, Karnataka
Dual-State Agricultural Access
Bellary sits at the heart of a region straddling Karnataka and Andhra Pradesh. Maize from Bellary, Raichur, Koppal and rice/maize from Kurnool, Anantapur — all within 100 km. No single-state supply dependency.
02
🚂 Railway Freight Corridor
Logistics Infrastructure
Hospet Junction (~25 km) and Guntakal (~55 km) provide bulk grain inflow and ethanol dispatch capability. NH-67 connects to all OMC depots.
03
💧 Tungabhadra Command Area
Feedstock — The Rice Bowl
300+ rice mills generate massive broken rice volumes. Broken rice at ₹22-26/kg, local and abundant. Combined with Bellary's maize arrivals, an unmatched multi-feedstock base.
04
🏭 OMC Deficit Zone Premium
Allocation Advantage
South India is a structural ethanol production deficit zone. OMC allocation policy actively favors regional balance. South Indian plants receive preferential allocation.
Dry Milling — Industry Standard

Plant Technical
Architecture

GRAIN RECEIPT Maize / Rice / DFG 10,000 MT Silo CLEANING De-stoner + Magnetic HAMMER MILL Fine flour <1 mm 2 × 15 TPH JET COOKER Liquefaction 105-110°C α-Amylase enzyme FLASH COOLER Cool to 62°C Glucoamylase added FERMENTERS SSF · 48-52 hours 8-10% Alcohol Wash ANALYZER Strip alcohol ~40% v/v vapor DEGASSING Remove CO₂ RECTIFIER Rectified Spirit 95% v/v RS MOLECULAR SIEVE Zeolite PSA beds 99.8% v/v PRODUCT STORAGE SS 316 Tanks ≥3,000 KL ₹71.86/LITRE OMC DISPATCH HPCL · BPCL · IOCL Guntakal TPC Depot DECANTER Wet Cake + Thin MEE 5-7 EFFECT Thin → Syrup DDGS DRYER <10% Moisture DDGS OUTPUT 25-30 TPD · ₹25K/MT CONDENSATE CPU 70% water recycled
2.5 MW CO-GENERATION SYSTEM

25 TPH FBC Boiler running on rice husk (>85% fuel input) with backup coal capacity. Drives a back-pressure steam turbine generating 2.5 MW captive power. LP exhaust steam distributed to distillation, MEE evaporator, DDGS dryer, and MSDH regeneration — total energy self-sufficiency.

25 TPH
Steam Generation
2.5 MW
Power Output
>85%
Rice Husk Fuel
100%
Captive Use
ZERO LIQUID DISCHARGE

Whole stillage from the analyzer column is processed through a centrifugal decanter, separating wet cake from thin stillage. Thin stillage is concentrated via 5-7 effect MEE evaporator into syrup. Wet cake + syrup is dried in steam-tube DDGS dryer (~25-30 TPD output). MEE condensate + spent lees route to UASB anaerobic + aerobic MBR + RO polishing — 70% recycled to mashing.

70%
Water Recycled
25-30 TPD
DDGS Output
ZERO
Liquid Discharge
CPCB
Compliant
1
🌾
Grain Milling
10,000 MT silos (30-45 day buffer). NIR moisture/starch testing. 2×15 TPH Hammer Mills.
~154 MT/day
2
🔥
Liquefaction
Slurry mixed with recycle water + α-amylase. Jet Cooked at 105-110°C for full starch gelatinization.
105-110°C
3
🧫
SSF Fermentation
Glucoamylase saccharification → S. cerevisiae yeast fermentation. Simultaneous over 48-52 hours.
8-10% wash
4
🏛️
Distillation
Multipressure: Analyzer → Degassing → Rectifier columns. Produces RS at 95% v/v.
95% v/v
5
🔬
Dehydration
Molecular Sieve PSA. Twin Zeolite beds alternating adsorption-regeneration to remove residual water.
99.8% v/v
6
♻️
ZLD + DDGS
Decanter → MEE → DDGS Dryer. CPU: UASB + Aerobic + RO. 70% process water recycled.
Zero discharge
Multi-Feedstock Design

Raw Material
Strategy

Switch between four feedstocks by season to maximise margins and allocation.

🌽
Maize
Bellary, Raichur, Kurnool, Anantapur catchment
OMC Price₹71.86/L
Yield380-400 L/MT
Starch62-68%
Grain Cost₹17-18.5/kg
Margin/L~₹24+
Allocation45.68%
🍚
Broken Rice
300+ mills in Tungabhadra belt within 100 km
OMC Price₹60.32/L
Yield450-460 L/MT
Starch70-75%
Market Price₹22-26/kg
Margin/L~₹8-10
AvailabilityYear-round
🏛️
FCI Rice
FCI e-auctions · 10% broken content
OMC Price₹60.32/L
Yield420-440 L/MT
Starch68-72%
SupplyFCI Auction
Floor PriceStable
RiskPolicy-dep.
🌾
Damaged Grains
Bellary, Raichur APMC spot auctions
OMC Price₹64.00/L
Yield350-390 L/MT
Grain Cost₹14-16/kg
Feed/L~₹40-44
Margin/L~₹20-24
AvailabilitySpot
Revenue Streams

Products &
By-Products

Anhydrous Fuel Ethanol
IS 15464 · 99.8% v/v min
Annual Production~1.98 Crore L
Water Content≤ 0.2%
Methanol≤ 0.5% v/v
Storage≥ 3,000 KL SS
DispatchGuntakal TPC
₹142 Cr
Year-1 Revenue (Maize)
🐄
DDGS
28-32% Crude Protein
Volume8-9K MT/yr
Moisture≤ 10%
Price₹25K/MT
₹20 Cr
Year-1 By-product
💨
CO₂ Recovery
Phase-2 Upside
Generation~45 TPD
Recoverable~20-25 TPD
Price₹8-12K/MT
₹6-10 Cr
Phase-2 Revenue
Investment Analysis

Financial
Performance

Revised for ESY 2025-26 pricing. DFPD subvention reduces effective debt cost to 3.5%.

Year-1 Projected
Profit & Loss
Ethanol Revenue (Maize @ ₹71.86/L)₹142.28 Cr
DDGS Revenue (8K MT @ ₹25K)₹20.00 Cr
Total Revenue₹162.28 Cr
Total Operating Expenses₹115.00 Cr
EBITDA (29% margin)₹47.28 Cr
Interest (net of subvention)₹3.55 Cr
Depreciation₹10.00 Cr
PBT₹33.73 Cr
Tax @ 25%₹8.43 Cr
Net Profit (PAT)₹25.30 Cr
23.5%
Post-Tax IRR
4.5 Yr
Payback
2.2×
Avg DSCR
29%
EBITDA Margin
Project Cost Breakdown
₹145 Cr Total
Means of Finance
Debt + Equity
₹101.5 Cr
Term Loan (70%)
₹43.5 Cr
Equity (30%)
DFPD Subvention
9.5% → 3.5%
~₹30 Cr saved over 5 yrs
E20 Sustained. E27 on the Horizon.
As of February 2026, India has maintained 20% ethanol blending for four consecutive months. ISMA formally requested the PMO to fast-track E22→E25→E27 in March 2026. For a plant commissioning in 2028, this is direct demand tailwind — additional 350-400 Cr L/year of ethanol demand at E27.
DFPD 6% Subvention
100% SGST Reimbursement
Zero Liquid Discharge
OMC Guaranteed Offtake
Deficit Zone Advantage
Request DPR →
Get Involved

Partner with
Ark Bioenergies

Let's Build India's Energy Future
Seeking investment partners, feedstock suppliers, DDGS off-takers, and EPC partners for the 60 KLPD Bellary project.
📧
Email available on form submission
📍
Bellary District, Karnataka (Plant Site)
Bengaluru — Corporate Office
🏭
60 KLPD | 2.5 MW Co-Gen | ZLD | ₹145 Cr Project
I'm interested in...
✓ Thank you. Arjun will reach out shortly.
⚠ Something went wrong. Please try again.
💬 Ask me anything
🌿
Ark Bioenergies Assistant
Online · 60 KLPD Project