Udupi: Government will soon take steps to revive ailing Brahmavar Cooperative sugar mill that has been stopped operation from 2004 owing to heavy financial loss, said Home minister Basavraj Bommai. He was speaking to a delegation of mill board and farmers representatives led by MLA K. Raghupati Bhat, during his recent visit to the mill premises at Brahmavar in Udupi district.
Bommai stated that only crushing sugarcane will not help the mill to earn profit and the option of ethanol production should also be considered. However, this requires a huge investment.
He said, “The government is not likely to spend a huge amount. Since the factory was located on National Highway 66, it would be possible to lease it out to a private party and thus revived.”
Since after the mill closed down in 2004 owing to heavy losses, several efforts were made to revive it, but nothing worked.
To Listen to this News click on the play button.
