Business Daily from THE HINDU group of publications
Tuesday, Jun 20, 2006
Business Daily from THE HINDU group of publications Tuesday, Jun 20, 2006 |
|
|
|
|
|
|
|
Corporate
-
New Projects Balrampur Chini to set up 2 greenfield sugar units in UP Our Bureau
Kolkata , June 19
Balrampur Chini Mills Ltd, announced that it would be setting up two new greenfield integrated sugar complexes in central Uttar Pradesh at a total cost of Rs 500 crore. The sugar crushing capacity of each of these two units would be 8,000 tonnes crushed per day (TCD) each. The complexes, to be located at Kumbhi and Gularia in the Lakhimpur Kheri District, would produce power too. A senior official of Balrampur Chini said that while the Gulari unit would sell 30 MW, the Kumbhi unit would sell 20 MW. About the distillery in these two complexes, the official said that nothing has been finalised. The project would be funded through internal accruals and debt.
To go on stream by Sept 2007
The company already has 100 acres of land at Kumbhi and Gulari for the proposed complexes and construction work is about to start. Both these units are expected to go on stream by September 2007. At present, Balrampur Chini is building another greenfield sugar complex at Mankapur in Uttar Pradesh. With a sugar capacity of 7,000 TCD, it would be selling 35 MW of power and would be ready by this September.With the completion of the Gulari and Kumbhi units, Balrampur Chini's total manufacturing capacity would increase to 70,000 TCD from the existent level of 62,000 TCD. Its saleable power capacity would be increase to 116 MW.
No plans to look at Bihar
The official said that the company is not interested in either setting up or acquiring any plant in Bihar, which is presently the most attractive destination of the major sugar companies
More Stories on : New Projects | Sugar | Power
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|