ICICI Direct: Avadh Sugar & Energy Q2 Update- Sugar Inventory Piles Up On Lack Of Distillery Capacity
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ICICI Direct Report
Avadh Sugar & Energy Ltd. has sugar crushing capacity of 31800 tonnes crushed per day, distillery capacity of 200 kilolitre per day and co-generation capacity of 74 mega watt.
The company produces ~6.9 lakh tonnes of sugar and ~5 crore litre of ethanol with this capacity.
With the installation of insinuation boilers in both distilleries, Avadh would be able to produce ~7 crore litre of ethanol every year and would be able to sacrifice more sugar by diverting sugarcane to B heavy ethanol.
The company would be generating B heavy molasses in three out of its four plants to produce ~7.0 crore litre of ethanol in sugar season 2020-21.
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