Davangere Sugar Company Ltd. Announces Distillery Capacity Expansion
Davangere Sugar Company Ltd. announced Monday, March 30, 2026, that its Board of Directors approved a planned expansion of the company's distillery production capacity. The expansion aims to capitalize on increasing ethanol demand and favorable government policies.The company’s current distillery capacity is 65 KLDP, with a utilization rate of 96%. The proposed expansion will add 85 KLDP to the capacity, bringing the total to 150 KLDP. The project is expected to be completed within 18 months and requires an investment of Rs. 127.50 Crores, to be funded through FCCB funding.
Distillery Capacity Expansion Details
| Particulars | Details |
|---|---|
| Existing capacity | 65 KLDP |
| Existing capacity utilization | 96% |
| Proposed capacity addition | 85 KLDP |
| Project Completion Timeline | 18 months |
| Investment Required | Rs. 127.50 Crores |
| Funding Source | FCCB Funding |
The Board meeting commenced at 11:30 a.m. (IST) and concluded at 3:30 p.m. (IST). Uma Singh, Company Secretary and Compliance Officer, provided the update.
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