The company has several growth
initiatives planned in all its businesses.
Sugar Businesses:
- Sugar Manufacturing:
Triveni plans to expand its sugar manufacturing capacity to around
52,000 tons of sugarcane crushed per day (tcd) in fiscal 2006-07.
This expansion will include three new sugar factories with
capacities ranging between 5000 to 7000 tcd. All the three factories
will be located in West Uttar Pradesh, allowing the company to
operate in a well irrigated cane growing areas with close access to
sugar deficient markets. The company is also expanding its sugarcane
crushing capacities at its factories in Deoband and Khatauli. The
expansions in capacity and one new sugar factory (at Sabitgarh,
district Bulandsher) will be operational within the financial year
2005-06.
- Cogeneration of Power:
Triveni currently produces 22MW of power for export to the UP State
grid through its cogeneration facility at Deoband. The company is
installing another 23MW cogeneration facility at Khatauli by
September 2005. Therefore the total cogenerated power produced by
Triveni, for export, will equal 45MW.
- Triveni Khushali
Bazaar: The company currently has five rural agri-centers
which it will expand to 30 by March 2006 and 70 by March 2007.
Engineering Businesses:
- Turbines: Triveni will double its
capacity to manufacture turbines by March 2006. It will also expand
the capacity output of its range of turbines and focus on exports.
- Gears & Gearboxes: The gears business
has expanded its production capacity three fold and is actively
pursuing export opportunities through its License partner - Lufkin.
- Water & Wastewater Treatment: The
water business is pursuing strategic alliances with various business
units of US Fliter to expand its already diverse product portfolio.