This sugar maker announces capacity expansion - Details

Davangere Sugar, which is in the business of sustainable power and ethanol solutions, has announced the expansion of its distillery and operations. As per the expansion plan, the company will add another 45 KLPD grain-based unit at a cost of project of Rs 54 crore. 

“The financial tie-up with banks is completed and about Rs 2 crores is invested in civil works. Negotiations completed with machinery suppliers,” the company said. 

The expansion will not only benefit the local agricultural community but will also allow the company to operate independently for 330 days of the year. 

"We are thrilled to deepen and further strengthen our collaboration with local farmers," said Ganesh, MD of DSCL. 

"The expansion not only enhances the distillery's production capabilities but also offers farmers a reliable market for their produce,” he added.

The company has also announced the establishment of a state-of-the-art 35-ton Carbon Dioxide (CO2) processing plant. This facility is designed to drastically reduce environmental emissions and create additional revenue streams for the company.

The new CO2 plant will capture and repurpose carbon dioxide emissions, transforming them into valuable products such as food-grade CO2, and dry ice and CO2 application for industrial purposes. These products are in high demand across various industries, ensuring a steady revenue flow while promoting eco-friendly practices. By converting emissions into useful products, the company is not only minimizing its environmental footprint but also diversifying its revenue sources.