Vishwaraj Sugar Industries (VSIL) plans to establish a new sugar factory in Belagavi with a crushing capacity of 5,000 tonnes of cane per day (TCD) and a 150-kilo liter per day (klpd) distillery, with an investment of around Rs 250 crore.
In July last year, Commerce and Industries Department, (MSME, Mines, Textiles & Sugar) approved and issued distance certificate to establish new sugar factory of the company at Navage Village, Belgaum district.
Currently, the company operates a 10,500 TCD sugar factory, a 34 MW cogeneration plant, and a 100 klpd distillery in Bellad Bagewadi. The company is also expanding its distillery and cogeneration facilities. “We have nearly completed the construction of a 150 klpd distillery and an additional 22 MW power plant at the same site, and we are awaiting consent from the State Pollution Control Board to begin operations,” Mukesh Kumar, Executive Director of VSIL said.
Construction of the new plant at Navge is set to begin in the next financial year. “We will start with a 5,000 TCD sugar factory and a 150 klpd distillery. The investment will be around ₹250 crore, funded through a combination of debt and equity,” Kumar stated, reported The Hindu BusinessLine.
Vishwaraj Sugar Industries Limited was incorporated in the year 1995. It has an integrated sugarcane based unit producing Sugar, Generating Power and a molasses / sugarcane syrup based distillery manufacturing Rectified Spirit, Neutral Spirit and Ethanol. There is also Natural Alcohol Vinegar Manufacturing Unit. The production facility is located at Bellad Bagewadi, Belgaum District in North West Karnataka, which is classified as a High Recovery Zone for sugar by the Government of India.
