Magadh Sugar & Energy Ltd Company Summary

Magadh Sugar & Energy Ltd Summary

Magadh Sugar and Energy Limited is a leading player in Indias private sugar sector, which makes Company a part of the Groups network of seven efficient sugar plants in Uttar Pradesh and Bihar, with a total cane crushing capacity of 56,300 tonnes per day. The Company was established on 19 March, 2015 and operates three sugar mills in Bihar at Narkatiaganj, Sidhwalia and Hasanpur. These mills possess a combined licensed crushing capacity of 21,500 TCD, distillery capacity of 155 KLPD and a power cogeneration facility capacity of 38 MW. The Company is engaged in manufacture and sale of sugar and by-products, like molasses, bagasse and press-mud, denatured spirits including ethanol and power.Beyond sugar, the Company grows in industrial ethanol production, renewable energy co-generation, processed food products, and tea. It operates three distilleries with a daily capacity of approximately 260,000 litres of industrial ethanol. Company has completed the capital project of increasing Sugarcane Crushing capacity from 7500 TCD to 10000 TCD and steam saving measures at its Narkatiaganj unit resulting into Bagasse Saving in 2024-25.