Business Update14 Aug 2024, 09:56 pm
UTTAM SUGAR MILLS LTD. Approves 800 TCD Cane Crushing Capacity Expansion at Khaikheri Unit
AI Summary
Uttam Sugar Mills Ltd. announced the approval of an increase in cane crushing capacity from 4700 TCD to 5500 TCD at their Khaikheri Unit. This 800 TCD expansion is expected to be completed by November 2024, and will be financed through internal accruals. The rationale behind this decision is the increase in yield and cane area due to the company's Cane Development Programme. This expansion will improve operating performance, energy efficiency, and result in capacity enhancement.
Key Highlights
- Uttam Sugar Mills Ltd. to expand cane crushing capacity by 800 TCD at Khaikheri Unit
- Expansion to be completed by November 2024, financed through internal accruals
- Increase in yield and cane area due to Cane Development Programme
- Improvement in operating performance and energy efficiency post expansion
- Overall cane crushing capacity to increase from 26200 TCD to 27000 TCD