Andhra Sugars application for 400 TPD Caustic Soda plant expansion in preliminary stage

The company said that based on market conditions the present operating capacity is 430 TPD to 480 TPD.

Jan 14, 2021 09:01 IST India Infoline News Service

Andhra Sugars Limited informed the exchanges Wednesday that the present installed capacity of the Caustic Soda Plant is 500 TPD and the company commissioned 100 TPD expansion plant in the month of August 2019.

Based on market conditions the present operating capacity is 430 TPD to 480 TPD.  The application for 400 TPD Caustic Soda plant expansion, submitted to the Environmental Ministry, is in the preliminary stage.

The company said prices of Caustic Soda depend upon so many factors like Demand, Supply, Market conditions etc. The present selling price of Caustic Soda is in the range of Rs20,0001 to Rs22,0001 per MT.

“We are not operating our Sugar units at Tanuku & Bhimadole for the crushing season 2020-21. The estimated cane crush for the current crushing season is approximately Rs3 lakhs MT. At Present, Sugar prices were quoting little above the minimum price of Rs3,100 per Qtl,” company said in a regulatory filing.

At around 9.40 am, Andhra Sugars Ltd was trading at Rs344.80 per piece down by Rs1.55 or 0.45% on the BSE.

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