Oudh Sugar completes expansion plans in Hargaon and Narkatiaganj factories

Oudh Sugar Mills Ltd has announced that the Company has successfully completed the expansion of its Hargaon & Narkatiaganj sugar factories & has commenced Operations with expanded capacities for the crushing season 2006-07.

"All other expansion and diversification projects are progressing as per schedule & we hope that the enhanced capacities of other units will further increase the performance of the Company", said Mr C S Nopany, Chairman-cum-Managing Director, of the Company.

The expansion of Hargaon Sugar Mills, Hargaon (UP) from 7500 tcd to 10000 tcd with a co-generation power plant of 8 MW at a capital outlay of about Rs 116 crores has been completed & is currently operational.

The sugar crushing capacity of New Swadeshi Sugar Mills, Narkatiaganj (Bihar) has been increased to 7500 tcd with a co-generation power plant of 5 MW at a cost of Rs 37 crores.

The Company is also increasing the capacity of Hargaon Distillery, Hargaon, Dist. Sitapur, Uttar Pradesh to 100 klpd at an estimated cost or Rs 100 crores approximately.

Further, the Company is in the process of setting up a greenfield sugar unit at Hata, Gorakhpur (UP) at an estimated cost of Rs 336 crores with a capacity of 7000 tcd and co-generation power plant of 17 MW. The plant will be operational by November, 2008.

After completion of all the expansion programmes, the Company will have a consolidated crushing capacity of 28,700 tcd, captive power generation of 30 MW and two distilleries of 130 klpd.

Source : Equity Bulls

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