NSL Group proposes Rs.23400 million investment in Orissa

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Category: Sugar

NSL Group, the Hyderabad based company is planning to foray into Orissa in a big way. It is keen to set up a seed processing plant in Bonda in Bargarh district and a sugar refinery with a capacity of 5000 tcd in Paradip. It also plans to set up a textile spinning mill with an investment of Rs. 15000 million. It has submitted proposals worth Rs.23400 million to Industrial Promotion and Investment Corp of Orissa Ltd.(IPICOL)

Dhanalakshmi Sugars TN sugar mill to go on-stream

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Category: Sugar

Dhanalakshmi Sugars which has invested around Rs.3500 million to set up an integrated sugar complex in Udumbiyam village, Vepanthattai Taluk in Tamil Nadu is expected to go on stream by first quarter of 2010. The project also involves setting up of a 23 MW captive power plant and a 60 kld distillery. The company had funded the project through bank debt and promoters contribution to the tune of 25%. It may be noted, Dhanalakshmi Sugars is a new entrant to the sector.

Simbhaoli plans new sugar refinery at Kandla

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Category: Sugar

Simbhaoli Sugars Ltd(SSL) is planning to invest Rs. 1800 million to set up a greenfield sugar refinery at Kandla in Gujarat. It will have a capacity of 3 lakh tpa of white sugar and has plans to acquire 9 more acres of land to expand in the future. The company has a technical capabilities to refine sugar at USD 65 and it has 2 sugar plant in Uttar Pradesh with full fledged capabilities. The project was being set up with technical support of Integrated Casetech Consultants and in-house team.

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The project is now being implemented with 50:50 joint venture with global agri-business group E D F & Man Holdings and the project cost had been revised to Rs. 2350 million.

Empee Sugars to start commercial production at Tirunelveli

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Category: Sugar

Empee Sugars and Chemicals Ltd, a Chennai based company which is setting up an integrated sugar plant with an investment of Rs. 5150 million is expecting to commission it by first quarter of 2010. The plant at Edaikkal village in Ambasamudram taluk has a 5000 tpd of cane crushing capacity and a 100,000 litre alcohol /ethanol production plant. It also has a captive power unit of 50 MW. The new unit is expected to add Rs.5000 million to its top line.