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New plant to commence operation in November 2005

Dwarikesh Sugar Industries Limited's new green field project at Bahadarpur (Afzalgarh, district- Bijnor) would commence operations by the end of November 2005, which will take the Company's total daily crushing capacity to 12,000 TCD. Dwarikesh Sugar Industries Ltd has announced that the 30,000 Liters per day capacity distillery and the 7.5 MW projects have commenced commercial operations during this financial year, 2004-05.

The Company proposes to install additional 15 MW power co-generation capacity in the new plant. This extra power generation capacity should be ready by November 2006. The Company also proposes to register for carbon credits for the new venture for which documentation procedure has already been initiated. During the year the Company has successfully implemented various interest cost reduction measures.

 
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