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Uttam Sugar Mills gets nod to increase distillery, cane crushing capacities

11 Jan 2023 Evaluate

Uttam Sugar Mills has received an approval from board of directors to increase/ enhance its Distillery capacity (Ethanol) from 150 KLPD to 250 KLPD at Barkartpur plant of the company. The project cost is Rs 56 crore will be financed through internal accruals and loans under the interest subvention scheme of Department of Food and Public Distribution, GOI.

The Central Government is encouraging mixing of ethanol with fuel as the same is eco-friendly & saves foreign exchange for the Country. Keeping in view the Government's policy and increased demand of Ethanol at National level, the Company has decided to increase/enhance the Distillery capacity (Ethanol) at Barkatpur Plant of the Company.

The board has also approved the increase / enhancement in the Cane Crushing capacity from 23750 TCD to 26200 TCD of the company and improvement in energy efficiency. The project cost is Rs 40 crore will be financed through internal accruals / loans. Keeping in view the increased yield and sugar content in the cane as a result of intensive ‘Cane Development Programme’ undertaken by the Company, the Company has decided to install the balancing equipments to take care of additional cane availability and higher sucrose content in cane. It shall result in improvement in operating performance and energy efficiency of the plants as well as resultant capacity enhancement. The Board of Directors at its meeting held on January 10, 2023 has approved the same.

Uttam Sugar Mills is among the leading producer of Double Refined Sugar in the country.

Uttam Sugar Mills Share Price

243.30 -2.90 (-1.18%)
20-Apr-2026 16:59 View Price Chart
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