Dalmia Bharat Sugar and Industries has decided to spend about Rs 200 crore, in order to double the squeezing capacity of its sugar plant in Kolhapur and to establish a power plant in Maharashtra. The entity is planning to expand the cane crushing capacity from 2,500 tonnes a day to 5,000 tonnes a day and set up a power plant with a capacity of 23 mega watt.
The company’s three sugar plants in Uttar Pradesh have cane crushing capacity of 22,500 tonnes a day, power generation capacity of 79 mega watts and distillery capacity of 80 kilo litres per day. Last year, it had acquired a sugar plant with a cane crushing capacity of 2,500 tonnes per day at Kolhapur.