DCM Shriram Ltd’s Sugar business announced commissioning of its capacity expansion of 200 kilo litres per day (KLD) distillery at DCM Shriram Sugar plant at Ajbapur (Uttar Pradesh). The total capacity of the distillery business after the extension stands at 350 KLD, it had earlier commissioned a distillery in 2017-18 at Hariawan with 150 KLD capacity.
The expansion is in-line with earlier commitment of commissioning the distillery capacity in phases over 18 months to provide stability to the sugar business. The company has invested Rs 300 crore in the expansion thereby integrating power & capacity.
Announcing the expansion, Mr. Ajay S Shriram, Chairman and Sr Managing Director & Mr Vikram S Shriram, Vice Chairman and Managing Director, DCM Shriram Ltd. said, “The expansion and upgradation is part of our vision to make the sugar business more robust and thereby providing full integration on molasses. We expect that this expansion will further strengthen the return profile of the sugar business.”
DCM has sugar production units in Ajbapur, Rupapur, Hariawan and Loni in Uttar Pradesh with a combined installed cane crushing capacity of 38,000 tonnes per day (TPD) and a power generating capacity of 149 MW.
DCM Shriram Ltd. is a leading business conglomerate with a group turnover of Rs. 7,771 crores. The business portfolio of DCM Shriram comprises primarily of Agri-Rural, Chlor-Vinly and Value added business which include Fenesta Building Systems. Agri-Rural Business includes Urea & SSP fertilizers, Sugar, Farm inputs marketing such as DAP, Crop care Chemicals and Hybrid Seeds. Under the Chlor-Vinly Business, DCM Shriram Ltd produces Caustic Soda, Chlorine, Calcium Carbide, PVC resins, PVC Compounds, Power and Cement.
