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SIPCOT Phase II, Thoothukudi · ₹140 Crore · SPV: Yogan Sustainable Fuels Pvt. Ltd. · India First

Thoothukudi — the weed the courts ordered removed becomes an export industry.

India's first integrated Bioethanol–Bioplastics–Dry Ice biorefinery converts Prosopis Juliflora (Seemai Karuvelam) — the invasive tree whose eradication the Madras High Court has mandated — into four high-value product lines in one zero-waste complex, beside India's second-largest container port and largest fishing-harbour export zone.

10 TPD Bioethanol10 TPD PLA Bioplastics8.5 TPD Dry Ice13 TPD Lignin Bio-Coal51.4% IRRNSE Emerge IPO Ready
₹98.16 Cr
Annual gross revenue across five lines, 330 operating days
51.4%
Project IRR — 1.7-year payback
68.1%
EBITDA margin — high-margin outputs, low feedstock cost (₹6,500/MT)
58 + 130
Plant jobs + harvesting jobs
Four product lines

Zero waste — every fraction of the weed is monetised

Product lineCapacity & specificationAnnual revenue
Fuel-grade Bioethanol10 TPD — IS 15464, 99.6% purity, supplied to OMCs at ₹82,000/ton₹27.06 Cr/yr
PLA Bioplastic pellets10 TPD — CIPET-certified IS 18264, highest-margin line at ₹1,80,000/ton₹59.40 Cr/yr
Cryogenic Dry Ice blocks8.5 TPD — 85% CO₂ capture from fermentation, for Thoothukudi's seafood export cold chains₹7.01 Cr/yr
Lignin Bio-Coal13 TPD — powers the on-site 1.5 MW cogeneration boiler, completing the zero-waste loop₹1.72 Cr/yr
Location & feedstock

Why SIPCOT Phase II, Thoothukudi

Location advantages

  • SIPCOT Phase II — a dedicated 5-acre plot in a structured industrial belt with full utility infrastructure.
  • Mullakadu Desalination Plant — direct pipeline access to the 60 MLD facility for process water.
  • VO Chidambaranar Port — container port and MMLP hub at the doorstep, minimising logistics overheads.
  • Seafood cold chains — the nation's largest fishing-harbour export zone is the natural dry-ice customer.

Feedstock & support sought

  • Prosopis Juliflora at ₹6,500/MT — the Madras High Court has mandated its eradication; the state's problem is the plant's raw material.
  • Requested: SIPCOT Phase II plot allotment (5 acres); expedited Seemai Karuvelam eradication drives per the HC order.
  • Policy: single-window clearances; capital subsidy & SGST reimbursement under TN Industrial Policy 2021; TN Ethanol Blending Policy 2023 benefits.
  • Offtake: Long-Term Offtake Agreements with OMCs under the Ethanol Blending Programme.

Support sought from the Government of Tamil Nadu & Guidance Tamil Nadu — items are requests within the ₹1,453 Cr investment proposal submitted to the Hon'ble Chief Minister of Tamil Nadu.

Near future

2G Bioethanol expansion across the Napier clusters

Yogan Sustainable Fuels will extend Second-Generation cellulosic bioethanol — 50–100 KLPD, scalable to 200 KLPD — across Veppur, Palani and Kamudhi, with guaranteed OMC offtake at ₹65.61/litre under the Ethanol Blending Programme and eligibility for ₹150 Cr capital subsidy under PM JI-VAN Yojana (Amended 2024). Every litre replaces a litre of imported petrol.

The Thoothukudi biorefinery report is available on request

Product-line economics, Prosopis supply chain, zero-waste process design and the NSE Emerge IPO pathway.

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