Current Date: 06 Oct, 2024

Cane Agro Grows Sweeter: ₹250 Crore Expansion in Maharashtra

Cane Agro Sugar and Power Limited is embarking on an extensive expansion project to bolster its presence in the sugar and power industries. The initiative comprises two crucial components: a significant increase in sugarcane crushing capacity and the establishment of a bagasse-based cogeneration power plant.

The expansion aims to elevate Cane Agro's sugarcane crushing capacity from 2500 TCD to 9000 TCD, facilitating a substantial boost in sugar production and operational efficiency.

Simultaneously, the construction of a 36 MW bagasse-based cogeneration power plant will enable Cane Agro to generate clean energy from sugarcane by-products, promoting sustainability and potentially contributing surplus power to the grid.

With a projected investment of ₹250 Crore, this expansion project holds promise for increased sugar production, sustainable power generation, and economic benefits such as job creation and regional development.

Cane Agro's strategic move towards growth and sustainability underscores its commitment to long-term success while positively impacting the environment and the local economy.

For more technical details and project updates, interested parties are encouraged to follow industry publications or visit Cane Agro's official website. Stay tuned for future announcements regarding the project's timeline and completion date.

News by Rahul Yelligetti

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Source : Projxnews