Revival of Madhya Pradesh’s closed sugar mill gains momentum
Madhya Pradesh’s Kailaras sugar mill is set for revival, with plans to sell 27 hectares of land to clear debts owed to farmers and workers. The remaining land will be allocated to investors for operation. The mill, which ceased operations in 2011 due to mounting liabilities and reduced sugarcane production, is part of a broader revival of closed mills driven by rising ethanol demand. The Department of Industry will manage the sale and bidding process.
The prospects of reviving Madhya Pradesh’s first Kailaras (Morena) sugar mill have received a significant boost. The Chief Secretary recently led a meeting to discuss the revival plan, which includes the sale of around 27 hectares of land to clear debt owed to farmers and workers. The remaining 33 hectares of land will be allocated to the person (investor, promoter, firm, institution, or industrialist) who will operate the mill, reported Dainik Bhaskar.
The task of initiating bids and selling the land has been assigned to the Department of Industry, and the process is expected to begin shortly.
The Kailaras sugar mill, licensed in 1965, commenced production in the 1971-72 season and continued operations until 2009. However, a decline in sugarcane production led to a reduction in output, and by 2011, increasing liabilities forced the mill to shut down. The mill reached its peak production in the 1983-84 season, yielding profitable returns.
In recent years, the growing use of ethanol as an alternative to petroleum products has brought new hope to the sugar industry. Several mills that had been closed across various states are now undergoing revival, and Kailaras’ mill is part of this revival trend. Many sugar mills in states like Uttar Pradesh and across the country, which had been shut down for years, are now being reopened, with the rising demand for ethanol playing a key role in their resurgence.
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Source Link : Chinimandi