Triveni Engg to increase sugarcane crushing capacity this fiscal.

Triveni Engineering & Industries Ltd. (TEIL), a diversified integrated business conglomerate and a large sugar manufacturer in India, will increase its sugarcane crushing capacity to 63,000 tonnes per day (TCD) during the current fiscal.

According to TEIL’s vice-president and managing director Tarun Sawhney, the company, which also manufactures high-speed gears and gearboxes besides being a key player in water and wastewater management business, will come up with two more distilleries to produce ethanol. 

“We will be enhancing our capacity. Right now, it is at 61,000 TCD. (Last week) the board approved 2,000 TCD expansion of our unit at Sabitgarh (in Uttar Pradesh’s Bulandshahr district), which will take the overall crushing capacity of Triveni up to 63,000 TCD,” he said.

The Triveni board approved ₹850 crore capital expenditure. 90 per cent of the expenditure will be done during the current fiscal. Of the ₹725 crore planned expenditure, ₹100 crore would be spent on the power transmission business. The balance ₹625 crore will be split with ₹460 crore towards distilleries and the rest towards sugar. 

The company, founded in 1932, is trying to take advantage of the Uttar Pradesh government’s policies towards setting up ethanol manufacturing facilities. “So, we have four distilleries. Two more are coming up. From 66 KLPD (kilo litres per day) to 110 KLPD. It is absolutely vital. The other thing, of course, is the introduction of multi-feed so that we are not compromising on the ethanol blending programme,” Sawhney said. 

HBL