EID Parry (India) is set to complete
its Rs.850 crore sugar mill expansion programme. While the ongoing expansion
programme in its sugar mills in the final stages, the company is looking at
further expansions outside Tamil Nadu, that is in Andhra Pradesh and
Karnataka, and possibly in Maharashtra.
The expansion programme in the sugar
mills will see its sugarcane crushing capacity go up to 19,000 tpd from the
present 15,800 tpd spread over its five sugar mills in Tamil Nadu and Puducherry.
By end 2008, it will have 90 MW of cogeneration capacity and about 240 klpd of
distillation capacity. But a portion of the distillery capacity is likely to go
onstream in 2009 after the statutory clearances are obtained.
The distillery expansion includes a
greenfield expansion at Sivaganga, where a 60-klpd unit is being planned. This
would process the molasses from the Pugalur and Pettaivathalai units, where a
distillery is not possible because of environmental issues.
It is also examining options of
'satellite sugar mills' within its existing sugarcane areas to help it to more
efficiently exploit the sugarcane resources by speeding up throughput and
bringing down transport costs.
Parry Infrastructure Co, a subsidiary,
is setting up a 102-hectare food processing SEZ at Kakinada. The joint venture
with Cargill Asia Pacific for the sugar refinery, Silkroad Sugar Pvt Ltd,
is setting up a 6,00,000 tpa refinery within the SEZ. It will be expanded to its
full capacity of a million tpa after it starts production by the end 2008 or
early 2009.
Apart from the 43 acres earmarked for
the refinery, Parry Infrastructure will soon allocate space for agro- and food
processing units within the SEZ. Its location at Kakinada provides scope for
setting up a natural gas-based power project within the SEZ.