Maa Peetambra Sugar & Power has laid the foundation stone for a sugar plant located at Khaikheda Indergarh, in Datia district of Madhya Pradesh.
On 9 April 2014, the company laid the foundation stone for the sugar plant having a capacity of 2,500 tccpd.
The project will be set up with an investment of Rs 80 crore and will be spread across 100 bighas of land.
The project will also include a six MW bagasse-based power plant. About 75 per cent of the project cost will be funded through bank loan and the remaining 25 per cent by internal accruals.
The project is scheduled to be completed by 31 December, 2015.
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