Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Godavari Biorefineries (GBL) announced the launch of a groundbreaking pilot project that transforms greenhouse gases into a sustainable, clean fuel. This revolutionary technology converts industrial CO2 emissions directly into Dimethyl Ether (DME) — a low-emission, eco-friendly energy carrier. Dimethyl ether (DME) is a clean-burning fuel that can effectively replace conventional energy sources such as liquefied petroleum gas (LPG) and diesel, contributing to reduced emissions, improved environmental performance and decarbonisation.
In addition to its role as a fuel, DME serves as a versatile chemical feedstock, supporting a wide range of industrial applications and chemical synthesis processes.
The company has partnered with the renowned Institute of Chemical Technology, Mumbai (ICT) to develop this innovative process, which addresses the urgent need to reduce greenhouse gases and create value from waste.
The development strengthens the company’s research portfolio and marks a step forward in its efforts toward high-value therapeutic innovation.
Godavari Biorefineries is a leading integrated biorefinery specializing in bio-based chemicals, ethanol, and sugar & power production. The company one of the larger producers of ethanol and a pioneer in manufacturing ethanol-based chemicals in India. The company operates cutting-edge facilities in Sakarwadi, Maharashtra, and Sameerwadi, Karnataka and three advanced R&D facilities in Mumbai and plant locations.
On a consolidated basis, Godavari Biorefineries reported net loss of Rs 16.02 crore in Q1 June 2025 as against net loss of Rs 26.11 crore in Q1 June 2024. Net sales rose 2.05% YoY to Rs 533.24 crore in Q1 June 2025.