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At meeting held on 23 December 2020The Board of Dhampur Sugar Mills approved the expansion of
distillery capacity by 100,000 LPD at Asmoli unit of the Company from 150,000 LPD to 250,000 LPD. With the proposed expansion, the total capacity of the Company will stand augmented from 400,000
LPD to 500,000 LPD.
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Dhampur Sugar Mills rose 3.71% to Rs 170.50 after the company said its board approved expansion of distillery capacity at Asmoli unit in Uttar Pradesh from 150,000 liters per day (LPD) to 250,000 LPD.
In a BSE filing made during market hours today, the sugar maker said that the Asmoli unit is currently operating at 85% capacity.
The company said that the implementation of the expansion of distillery plant is expected to be completed within ten months, from the date of ordering of the main plant and equipment. Thus, the commercial production is targeted to commence in the distillery with expanded capacity from 1 November 2021. With the proposed expansion, the total capacity of the company will increase from 400,000 LPD to 500,000 LPD, it added.
Dhampur Sugar Mills Limited to expand distillery capacity at Asmoli unit
Posted On: 2020-12-23 02:40:15 (Time Zone: Arizona, USA)
The Board of Directors of Dhampur Sugar Mills Limited in its meeting held today i.e., 23rd December 2020, through Video/Audio Conference means has considered and approved the expansion of distillery capacity by 100,000 LPD at Asmoli unit of the Company from 150,000 LPD to 250,000 LPD. With the proposed expansion, the total capacity of the Company will stand augmented from 400,000 LPD to 500,000 LPD.
The implementation of the expansion of distillery plant from 150,000 LPD to 250,000 LPD is expected to be completed within Ten (10) months, from the date of ordering of the main plant and equipment. Thus, the commercial production is targeted to commence in the Distillery with expanded capacity from 1st November 2021.