Representative Image | Photo: AP
Thrissur: The Kerala State Beverages Corporation (BEVCO) is gearing up to destroy about 50 lakh litres of extra stocks of beer that could not be sold out. These stocks were bought in June, July last year ignoring the common knowledge that beer sales usually drop during the rainy season.
As per reports, the beer was purchased from a company that provided extraordinary discounts and benefits to the corporation. These were to be sold for Rs 130 and Rs 160 through outlets.
According to law, beer must be destroyed if not used within six months. Earlier, the corporation used to purchase in accordance with the sales during the rainy season. However, with last year’s purchase, beer worth crores has to be destroyed soon.
Furthermore, the corporation is yet to pay the companies for the beer purchase. Usually, payment is made after the liquor sales are over. However, considering the piled up stocks, a decision is yet to be made over the payment.
Meanwhile, with the old stocks piled up in the corporation warehouses, there is lack of space to store newly purchased ones. About 70 lakh bottles containing 50 lakh litres of beer have to be taken to the Travancore Sugars brewery in Thiruvalla for destruction.