Dalmia Bharat Sugar Industries Ltd is to invest Rs210 crore (U$38.6 million) to double the crushing capacity of its plant in Kolhapur to 5,000 tonnes crushed per day (tcd) by end-December reported The Hundu Business Online. Speaking to reporters, B.B. Mehta, Director and CEO, Dalmia Bharat Sugar said that the company is also setting up a 23-MW bagasse and coal-based co-generation plant as part of the expansion plans. The investment is funded through a term loan from banks and the rest from internal accruals, Mehta said. Dalmia had acquired the stressed assets of a sugar co-operative in Kolhapur in an… Login to continue

Login or sign up