ICICI Direct: Avadh Sugar & Energy Q2 Update- Sugar Inventory Piles Up On Lack Of Distillery Capacity 
Sugar granule samples sit in a tray in Russia. (Photographer: Andrey Rudakov/Bloomberg)

ICICI Direct: Avadh Sugar & Energy Q2 Update- Sugar Inventory Piles Up On Lack Of Distillery Capacity 

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

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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ICICI Direct- Avadh Sugar & Energy Q2 Update.pdf

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