Sugar

HPCL to diversify into sugar, ethanol power

Details: Category: Sugar

HPCL has bought two sick sugar mills Sugauli and Lauriya at a price of Rs. 950 million. It plans tor revive these junk mills to generate around 100 MW of power from bagasse. The new mills have a 3500 tpd crushing capacity and a 60 kilo liter/day distillery unit. Currently, MITCON has prepared DFR for the project. Ethanol produced from these units will be used to produce Ethanol blended fuel programme.

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Vasantdata Patil Co-Op Sugar factory to expand its crushing capacity

Details: Category: Sugar

Vasantdada Patil Co-op Sugar Factory (VPCSF) is planning to increase its sugar cane crushing capacity from 2500 metric tonnes to 3500 metric tonnes with an investment of Rs. 70 million.

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Raw Sugar imports to be eased

Details: Category: Sugar

Centre is ready to create duty free imports of raw sugar to advance licenses, now on tonne-to-tonne basis against grain basis. This move is touted as a political move, however, co-operative mills in Maharashtra and North Karnataka, would welcome it as many mills have to shut shop because of shortage of cane. They can now buy raw sugar and process it along with cane juice and produce white sugar and can export the same. However, It may be noted ISMA is against the move as it claims that the move will only facilitate traders and consider this move as a short-sighted move.

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