DCM Shriram completes expansion of Loni Sugar plant in Uttar Pradesh
DCM Shriram has expanded its Loni Sugar plant in Uttar Pradesh, boosting its cane crushing capacity from 7,300 TCD to 9,400 TCD. The project, completed on November 19, 2024, aims to enhance production and capture cane potential in the region, aligning with growing market demands and company strategy.
DCM Shriram has successfully completed the expansion of its Loni Sugar plant in Uttar Pradesh, significantly increasing its cane crushing capacity.
The plant’s capacity has been raised from 7,300 TCD (Tons of Cane per Day) to an impressive 9,400 TCD. This expansion aligns with the company’s strategy to enhance production capabilities and meet growing market demand for sugar.
In the exchange filing, the company shared, “In furtherance of our earlier letter dated 30.10.2023 and pursuant to Regulation 30 of the SEBI Regulations, 2015, it is hereby informed that 2100 TCD expansion of Sugar Plant at Loni Unit, Uttar Pradesh, by increasing cane crushing capacity from 7300 TCD to 9400 TCD, has been achieved at 12:00 midnight on November 19th 2024. This expansion will growth-capture cane potential within catchment area of the Company.”
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Source Link : Business UpTurn
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