Monday, September 27, 2010

Rajshri Sugars sets up and upgrades Coimbatore Distillery Segments

Question on Rajshri Sugars cogen and distillery segments?

A: We are investing about Rs 320 crore over the next 18 months on adding distillery at our plant near Chennai. That will be a 80 KLPD distillery. We already run a 50 KLPD distillery near Coimbatore. We are also going ahead with two cogen plants, one in our Hyderabad plant and the other in our Coimbatore plant which needs to be upgraded.

So overall the future for Rajshri Sugars is very good because our cogen income itself and the distillery incomes will completely de-risk our fluctuations in the sugar sector.

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