Bhilwara Energy to invest Rs 750 cr to set up a rPET resin manufacturing plant in Rajasthan
Bhilwara Energy Ltd plans to invest Rs 750 crore to establish an rPET resin manufacturing plant in Rajasthan by September 2026. The plant will recycle 20 million PET bottles each day to produce 100 kilo tonnes of food-grade rPET resin annually, us...
Spread over an area of 95 acres, the project will have a capacity to recycle 20 million PET bottles per day and produce 100 kilo tonnes food grade rPET resin annually, Bhilwara Energy Ltd said in a statement.
The project is slated for operational commencement by September 2026.
The company's MD Riju Jhunjhunwala said, the business-to-business project is expected to host the most advanced, cutting-edge recycling technology to ensure superior quality, efficiency, and global compliances.
Bhilwara Energy Ltd (BEL) is a key player in India's renewable energy landscape, driving innovation across clean energy, energy storage, and battery pack solutions for electric vehicles.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.