Punjab sugar mills tie up with private players

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Chandigarh: Nine cooperative sugar mills of Punjab signed memorandum of understanding (MoU) with private players for setting up co-generation plants, and for upgrade, at an estimated investment of Rs 1000 crore.

The MoU were signed by chairmen of sugar mills of Ajnala, Batala, Bhogpur, Budhewal, Fazilka, Gurdaspur, Morinda, Nakodar and Nawanshahr with four companies including Spray Engg Devices Ltd, Saraya Industries Ltd, Purab Infrastructure Projects Ltd and A2Z Infrastructure Private Ltd.

Giving details, a spokesman of the department said Spray Engg would set up a cogeneration plant in Bhogpur to generate 18 mw power and sugar making capacity would be enhanced from 1016 tcd (tonne crushing per day) to 5500 tcd with a cost of Rs 80 crore.

A2Z Infrastructure and Purab Infrastructure would establish three plants to generate 20 mw powe each at Nakodar, Budhewal and Fazilka and 25 mw power plant at Morinda with a biomass project with a cost of Rs 450 crore.

Saraya group would set up a plant of 12 mw each at Ajnala, Gurdaspur, Nawanshehr and Batala with an investment of over Rs 300 crore. He said that plants would be commissioned by Sept 2010 on BOOT basis.

He said that these MoUs were signed not only for co-generation but they also carry additional features which would help farmers and others in the rural areas of the states to increase their income.