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Vishwaraj Sugar Industries plans Rs 400 cr expansion, greenfield sugar mill in Karnataka

Monday, 04 Oct 2021
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Vishwaraj Sugar Industries has planned Rs 400 crore greenfield sugar mill as well as an expansion at its existing distillery within Belagavi district in Karnataka.
The company is setting up Rs 250 crore greenfield sugar plant along with a distillery having 100 klpd capacity, exclusively for ethanol production.
It also plans to expand its existing distillery capacity by 150 klpd at an estimated cost of Rs 150 crore. These projects will be funded through both equity and debt. 
The expanded facilities are expected to operate at full capacity over the next couple of years. The company manufactures products such as rectified spirit, anhydrous ethanol from molasses and sugar syrup.
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