• search

Rs 250 cr sugarmill being set up in Basti

Written by: Staff

Basti, UP, Jun 7 (UNI) Pratappur Sugar and Industries Limited (PSIL) is setting up a sugarmill in Basti district of Uttar Pradesh with a capital investment of Rs 250 crore.

The unit -- to be completed by 2008 -- will be set up at Saraiya village in Haraiyya tehsil.

Talking to newspersons here today, PSIL Director Ishwar Dayal Mittal claimed it would provide employment to 11,000 people.

PSIL has already procured 100 acres land for the sugarmill.

''The main aim of the mill is to bring about prosperity in the lives of farmers by augmenting sugarcane production in the area,'' he added.

The mill will have sugarcane crushing capacity of 20,000 quintals per day, Mr Mittal claimed.

A power plant, an ethanol plant and a distillery will also be established here in phases, with a capital outlay of Rs 800 crore.


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more