Jagatjit Industries Limited has received sanction of Term Loan of INR 1.80 billion vide sanction letter dated 26th September, 2023 from Indian Renewable Energy Development Agency Limited (IREDA) for setting up 200 KLPD Grain based Ethanol Distillery Plant at the Company's unit situated at Jagatjit Nagar, Village Ilamira, Distt. Kapurthala, Punjab - 144802 for production of Ethanol from Grain.