New Delhi, Jun 16 (UNI) Empee Sugars and Chemicals Ltd, a unit of Chennai-based Empee Group, today said it will set up Rs 515 crore integrated sugar complex with a capacity of 5,000 TCD in Ambasamudram in Tamil Nadu.
''The capacity of the integrated complex is expandable to 8,000 tonnes crushing per day (TCD). The plant will include a 50 MW co-generation power plant, which will also qualify for carbon emission certificates (carbon credits), and a distillery with a capacity of one lakh litres per day,'' Empee Sugars and Chemicals Ltd Joint Managing Director K Jayachandran said.
The complex will be located on 300 acres of land and is expected to go on stream by end 2009.
The funding will be through a mix of equity and debt, the company said in a statement.
The integrated complex will manufacture Extra Neutral Alcohol (ENA) and ethanol.
The company has already commenced nursery cultivation for cane development. While focusing on corporate/ contract farming, the company will also mechanise farming activities.
The company has already obtained the sugar license and the civil works are expected to commence soon.
A portion of the power generated will be used for captive consumption to run the sugar and distillery operations. The balance will be exported to the TNEB grid.
All the units of the complex are expected to commence operations simultaneously and the manpower requirement for the operation of the complex is expected to be around 500, it added.
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