Dhanalakshmi Sugars TN sugar mill to go on-stream

Details

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.

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