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Project Detail:
Proposed capacity expansion of sugar mill from 7000 tcd to 15000 tcd cogeneration plant from 18 mw to 88 mw and installation of new molasses based distillery of 200 kld capacity
Tirupati Sugars Limited, the origin of the Company dates back to setting up of a sugar factory at the present location under the name and style of M/s. Ganga Devi Sugar Mills by Khaitan Group of Padrauna in 1936. The mill was taken over by Shri Tulsidas Kanoria in 1950, who changed the name to M/s. North Bihar Sugar Mills Ltd. Subsequently, Bagaha Chini Mills Ltd. was incorporated on 29th July 1979. The assets and liabilities of the company M/s North Bihar Sugar Mills Limited were taken over by M/s Bagaha Chini Mills Limited under the Scheme of Arrangement, and under the order of Hon’ble High Court of Kolkata, in the year 1980. The company was taken over by HMP group in 1987 from Kanorias. The name was subsequently changed to HMP Sugars Ltd. on 22nd February 1990. The name was further changed to Tirupati Sugars Limited w.e.f. 18th June 2002. This company was taken over by Mr. Deepak Yadav in September 2008 as sick unit under BIFR. The company was turned around by him and started earning profit from the 1st year of takeover itself. Under this new ownership the crushing capacity of the sugar plant was enhanced from 2500 TCD to 3500 TCD during the season 2009-2010 and was further enhanced to 5000 TCD plus in the year 2011-12. The crushing capacity was enhanced further to 7000TCD in 2017. The Company has always followed the philosophy of ploughing back the profits, by continuously re-investing in the sugar factory and undertaking modernization and expansion projects which is evident from the above mentioned expansions.
Tirupati Sugars Limited, the origin of the Company dates back to setting up of a sugar factory at the present location under the name and style of M/s. Ganga Devi Sugar Mills by Khaitan Group of Padrauna in 1936. The mill was taken over by Shri Tulsidas Kanoria in 1950, who changed the name to M/s. North Bihar Sugar Mills Ltd. Subsequently, Bagaha Chini Mills Ltd. was incorporated on 29th July 1979. The assets and liabilities of the company M/s North Bihar Sugar Mills Limited were taken over by M/s Bagaha Chini Mills Limited under the Scheme of Arrangement, and under the order of Hon’ble High Court of Kolkata, in the year 1980. The company was taken over by HMP group in 1987 from Kanorias. The name was subsequently changed to HMP Sugars Ltd. on 22nd February 1990. The name was further changed to Tirupati Sugars Limited w.e.f. 18th June 2002. This company was taken over by Mr. Deepak Yadav in September 2008 as sick unit under BIFR
Total Project cost will be for expanding the Co-generation capacity and for set up of New Distillery Plant is 307.50 crore (Rs. 30750.00 Lakhs).
Note: Please Download Project Document attached to this Project for more information.
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