GMR Group, one of the fastest growing infrastructure companies in airports, energy, highways and urban infrastructure, are looking to exit their sugar business. The group has mandated investment banker NM Rothschild to find suitors for the 11,000 tonne crushed per-day (tcd) sugar business.
The sugar assets of the group are executed under GMR Industries, which also has one more vertical, the aviation business. The group has three sugar plants, one each in Sankili (AP), and Ramdurg and Haliyal, both in Karnataka. In Sankili, it has a 5,000 tcd capacity plant along with a cogeneration unit of 16 MW of power capacity. It also has a 45 kilo litres per day (klpd) distillery facility.
In Haliyal, it has a 3,500 tcd sugar plant, which can be scaled up to 5,000 tcd. This integrated sugar complex has a 24 MW cogeneration plant and a 45 klpd distillery. In Ramdurg it has a rated capacity of 2500 tcd which is scalable to 4000 tcd. Besides there is a 6 MW cogeneration plant which is also scalable to 15 MW.
Contact: GMR Group, IBC Knowledge Park, Phase 2, "D" Block, 9th Floor, 4/1, Bannerghatta Road, Bangalore – 560 029, Karnataka, Tel: 080-40432000, Fax: 080-40432180, Email: info@gmrgroup.in
Website: www.gmrgroup.co.in
Contact Us: Project Master KPO Pvt. Ltd., 2&3, Shreenath Krupa, Gr. Flr., Carter Road No.5, Opp. Swagat Hall. Borivali (E) Mumbai- 400066, Maharashtra., Tel: 022- 65240024/ 25,
Email: info@projectmasterkpo.com, Website: http://www.projectmasterkpo.com/
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