PNN
Mumbai (Maharashtra) [India], June 3: Davangere Sugar Company Limited (DSCL) (BSE: 543267, NSE: DAVANGERE), a leader in Sugar, Sustainable Power and Ethanol Solutions, proudly announces the expansion of its distillery and operations. Is. ,
45 KLPD additional capacity expansion of grain distillery by adding another 45 KLPD grain based unit at a project cost of Rs 54.00 crore. Financial tie-up with banks has been completed and approximately Rs 2.00 crore has been invested in the civil works. Negotiations with machinery suppliers completed. This is proving to be an important milestone for the company and the local farming community.The intention to expand the distillery will now allow the company to operate independently for 330 days a year, ensuring a stable and strong production cycle. This growth has been made possible by increased purchases of maize, rice and other feed stocks directly from local farmers. By sourcing these essential ingredients from nearby agricultural partners, DSCL strengthens its commitment to supporting the local economy and promoting sustainable agricultural practices.
“We are thrilled to deepen and strengthen our collaboration with local farmers,” said Shri Ganesh, MD, DSCL. “Their quality crops are the cornerstone to producing ethanol, and this expansion allows us to create more jobs, boost local incomes and maintain our high standards year-round.“The expansion not only enhances the production capabilities of the distillery but also provides farmers with a reliable market for their produce. This mutually beneficial relationship will enhance the agricultural landscape of the region, driving sustainability and growth for all involved.” Promises to provide opportunities.
Target to achieve additional sugarcane production area of 15,000 acres: DSCL is committed to not only cultivate sugarcane but also to revolutionize its growth and practices. One of our major initiatives includes promoting and developing sugarcane crop up to 15000 acres in existing sugarcane farming areas and areas not traditionally associated with sugarcane cultivation. By expanding into this non-sugarcane producing areas and ensuring adequate raw material for the company, we not only ensure a sustainable raw material supply for our company, but also trigger a wave of socioeconomic benefits for local farmers .The company further said, “Our primary objective is to provide assured and timely returns to farmers in these areas on their produce. We understand the challenges faced by them and strive to mitigate them through various means including financial assistance and loans. These resources are designed to empower farmers, enabling them to invest in modern farming practices, purchase quality seeds and access the necessary equipment.
At DSCL, we believe that the success of our business is deeply linked to the prosperity of the farming community. Therefore, we are dedicated to fostering strong, mutually beneficial relationships with farmers.Through collaborative efforts, we aim to increase productivity, optimize resource utilization, and ensure sustainable farming practices. Moreover, our commitment extends beyond mere farming. We are actively involved in research and development initiatives aimed at enhancing sugarcane varieties, improving yields and reducing environmental impact. By leveraging cutting-edge technology and scientific expertise, we aim to create a thriving ecosystem where sugarcane farming can flourish while respecting the ecological balance.
In short, our vision for sugarcane farming goes beyond profitability; It is about promoting inclusive growth, empowering communities and advancing sustainable agricultural practices.With DSCL's leadership, sugarcane cultivation in non-traditional areas will not only become a viable option but a catalyst for rural development and economic transformation.
Commissioning of 35 TPD Capacity CO2 Processing PlantIn a significant step towards environmental sustainability and business growth, DSCL is proud to announce the setting up of a state-of-the-art 35 TPD Carbon Dioxide (CO2) Processing Plant. The facility is designed to drastically reduce environmental emissions and create additional revenue sources for the company.
The new CO2 plant will capture and reuse carbon dioxide emissions, converting them into valuable products such as food-grade CO2, and dry ice and CO2 applications 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 reducing its environmental footprint but also diversifying its revenue sources.
This initiative reflects DSCL's commitment towards innovation and sustainability while aligning with global efforts to combat climate change while enhancing operational efficiency. From its inception in 1970, Davanagere Sugar Company Limited, located in Kukkuwada, Karnataka, Has been an important part of the city's development. As part of its commitment to innovation, the company has expanded its product portfolio beyond sugar to sustainable power and ethanol solutions. Its offerings reflect a harmonious blend of tradition and modernity, offering customers a diverse range of high quality products.With its own refinery and high capacity ethanol facility, Davangere Sugar Factory stands as a leader in sustainability. In addition to its commitment to zero waste and green energy principles, the company actively promotes local livelihoods and provides significant employment opportunities.
At present, Davanagere Sugar Company Limited boasts of a capacity of 6000 TCD (tonnes of crushed cane per day) in its huge sugar plant. The establishment of five large warehouses capable of storing 60000 tonnes of sugar, with a combined area of approximately 165 acres, underlines its emphasis on strong storage and distribution capabilities while ensuring an uninterrupted supply chain. Additionally, with 65 KLPD capacity, Davanagere Sugar Company Limited produces ethanol, reflecting its dedication towards sustainable and environment-friendly energy solutions.The company's co-generation power plant is of 24.45 MW. This expanded facility reflects its commitment towards efficient, environment-friendly, green power generation. Davangere Sugar Company Limited is deeply committed to enhancing shareholder value through sustainable practices. By prioritizing environmental stewardship and community engagement, it aims to create value while protecting the planet for future generations. Its dedication to sustainability not only minimizes risks but also promotes resilience, thereby ensuring sustainable growth and prosperity.
Mumbai (Maharashtra) [India], June 3: Davangere Sugar Company Limited (DSCL) (BSE: 543267, NSE: DAVANGERE), a leader in Sugar, Sustainable Power and Ethanol Solutions, proudly announces the expansion of its distillery and operations. Is. ,
45 KLPD additional capacity expansion of grain distillery by adding another 45 KLPD grain based unit at a project cost of Rs 54.00 crore. Financial tie-up with banks has been completed and approximately Rs 2.00 crore has been invested in the civil works. Negotiations with machinery suppliers completed. This is proving to be an important milestone for the company and the local farming community.The intention to expand the distillery will now allow the company to operate independently for 330 days a year, ensuring a stable and strong production cycle. This growth has been made possible by increased purchases of maize, rice and other feed stocks directly from local farmers. By sourcing these essential ingredients from nearby agricultural partners, DSCL strengthens its commitment to supporting the local economy and promoting sustainable agricultural practices.
“We are thrilled to deepen and strengthen our collaboration with local farmers,” said Shri Ganesh, MD, DSCL. “Their quality crops are the cornerstone to producing ethanol, and this expansion allows us to create more jobs, boost local incomes and maintain our high standards year-round.“The expansion not only enhances the production capabilities of the distillery but also provides farmers with a reliable market for their produce. This mutually beneficial relationship will enhance the agricultural landscape of the region, driving sustainability and growth for all involved.” Promises to provide opportunities.
Target to achieve additional sugarcane production area of 15,000 acres: DSCL is committed to not only cultivate sugarcane but also to revolutionize its growth and practices. One of our major initiatives includes promoting and developing sugarcane crop up to 15000 acres in existing sugarcane farming areas and areas not traditionally associated with sugarcane cultivation. By expanding into this non-sugarcane producing areas and ensuring adequate raw material for the company, we not only ensure a sustainable raw material supply for our company, but also trigger a wave of socioeconomic benefits for local farmers .The company further said, “Our primary objective is to provide assured and timely returns to farmers in these areas on their produce. We understand the challenges faced by them and strive to mitigate them through various means including financial assistance and loans. These resources are designed to empower farmers, enabling them to invest in modern farming practices, purchase quality seeds and access the necessary equipment.
At DSCL, we believe that the success of our business is deeply linked to the prosperity of the farming community. Therefore, we are dedicated to fostering strong, mutually beneficial relationships with farmers.Through collaborative efforts, we aim to increase productivity, optimize resource utilization, and ensure sustainable farming practices. Moreover, our commitment extends beyond mere farming. We are actively involved in research and development initiatives aimed at enhancing sugarcane varieties, improving yields and reducing environmental impact. By leveraging cutting-edge technology and scientific expertise, we aim to create a thriving ecosystem where sugarcane farming can flourish while respecting the ecological balance.
In short, our vision for sugarcane farming goes beyond profitability; It is about promoting inclusive growth, empowering communities and advancing sustainable agricultural practices.With DSCL's leadership, sugarcane cultivation in non-traditional areas will not only become a viable option but a catalyst for rural development and economic transformation.
Commissioning of 35 TPD Capacity CO2 Processing PlantIn a significant step towards environmental sustainability and business growth, DSCL is proud to announce the setting up of a state-of-the-art 35 TPD Carbon Dioxide (CO2) Processing Plant. The facility is designed to drastically reduce environmental emissions and create additional revenue sources for the company.
The new CO2 plant will capture and reuse carbon dioxide emissions, converting them into valuable products such as food-grade CO2, and dry ice and CO2 applications 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 reducing its environmental footprint but also diversifying its revenue sources.
This initiative reflects DSCL's commitment towards innovation and sustainability while aligning with global efforts to combat climate change while enhancing operational efficiency. From its inception in 1970, Davanagere Sugar Company Limited, located in Kukkuwada, Karnataka, Has been an important part of the city's development. As part of its commitment to innovation, the company has expanded its product portfolio beyond sugar to sustainable power and ethanol solutions. Its offerings reflect a harmonious blend of tradition and modernity, offering customers a diverse range of high quality products.With its own refinery and high capacity ethanol facility, Davangere Sugar Factory stands as a leader in sustainability. In addition to its commitment to zero waste and green energy principles, the company actively promotes local livelihoods and provides significant employment opportunities.
At present, Davanagere Sugar Company Limited boasts of a capacity of 6000 TCD (tonnes of crushed cane per day) in its huge sugar plant. The establishment of five large warehouses capable of storing 60000 tonnes of sugar, with a combined area of approximately 165 acres, underlines its emphasis on strong storage and distribution capabilities while ensuring an uninterrupted supply chain. Additionally, with 65 KLPD capacity, Davanagere Sugar Company Limited produces ethanol, reflecting its dedication towards sustainable and environment-friendly energy solutions.The company's co-generation power plant is of 24.45 MW. This expanded facility reflects its commitment towards efficient, environment-friendly, green power generation. Davangere Sugar Company Limited is deeply committed to enhancing shareholder value through sustainable practices. By prioritizing environmental stewardship and community engagement, it aims to create value while protecting the planet for future generations. Its dedication to sustainability not only minimizes risks but also promotes resilience, thereby ensuring sustainable growth and prosperity.