DCM Shriram's sugar business commissions 200 KLD Distillery in UP

The expansion is in-line with earlier commitment of commissioning the distillery capacity in phases over 18-months to provide stability to the sugar business.

Dec 09, 2019 04:12 IST India Infoline News Service

DCM Shriram’s Sugar business announced the commissioning of its capacity expansion of 200-kilo litres per day (KLD) distillery at DCM Shriram Sugar plant at Ajbapur(Uttar Pradesh). The total capacity of the distillery business after the extension stands at 350 KLD, it had earlier commissioned a distillery in 2017-18 at Hariawan with 150 KLD capacity.

The expansion is in-line with the earlier commitment of commissioning the distillery capacity in phases over 18 months to provide stability to the sugar business. The company has invested Rs300 crore in the expansion thereby integrating power & capacity.

Ajay S Shriram, Chairman & Sr Managing Director & Vikram S Shriram, Vice Chairman & Managing Director, DCM Shriram Ltd. said, “The expansion and up-gradation is part of our vision to make the sugar business more robust and thereby providing full integration on molasses. We expect that this expansion will further strengthen the return profile of the sugar business.”

DCM has sugar production units in Ajbapur, Rupapur, Hariawan and Loni in Uttar Pradesh with a combined installed cane crushing capacity of 38,000 tonnes per day (TPD) and a power generating capacity of 149 MW.

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