Prem Sugars & Chemicals Corporations Ltd

Sugar Prem Sugars & Chemicals Corporations Ltd

Prem Sugars Ltd. a public limited company is implementing a green field project on integrated 5000 TCD sugar, 32 MW capacity co-gen power plants, 45 KLPD ethanol plant and 500 TPD sugar refinery project at village Kalinganahalli, Nagamangala Taluk in Mandya district of Karnataka. The aggregated capital investment for the integrated project has been estimated at Rs. 450 crores and is expected to commercial operational by the end of December 2013.

The integrated project comprises of a sugar factory for the manufacture of white plantation sugar, thereby making available required bagasse for the co-gen power plant and molasses for ethanol plant. Raw sugar for refinery will be imported. The command area will include taluks of Nagamangala, Turuvekere and Kunigal and has excellent irrigation facilities, availability and potential for sustained cane supply & biomass materials like cane trash, paddy straw & rice husk, etc.

The Central Government has provided subsidies/grant Viz., interest free loans from Sugar Development Fund (SDF), excise duty exemption, import duty reduction & accelerated depreciation / income tax exemption. The Government of Karnataka has also permitted sale of exportable power to power traders by using KPTCL grid.

Salient features of the project:

Integrated sugar project for production of sugar, power, ethanol and refined sugar.
Total cost of project is Rs. 450 Crores.
Exclusive railway siding for export and import of raw material and finished products.
Inland container depot facility.

The project details are provided in the brochure attached.

The sugar factory master plan being implemented is attached.

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