Mr. Tarun Sawhney shares TEIL's expansion plans for ethanol production in an interview with The Hindu Business Line. During the interview, Mr. Sawhney also shared useful insights about the current scenario of the sugar industry.
In terms of sugar production, the Company has been ranked second in the country
8.54 million tonnes of sugarcane crushed and 0.94 million tonne of sugar produced
Khatauli Sugar Mill achieved the highest sugar production in the country as a single unit and second highest sugarcane crush in the country.
Two units recorded their highest ever crush - Sabitgarh & Rani Nangal
Five units (One unit viz. Khatauli on a part of the season) operated with B-heavy molasses diversion in season 2020-21 as against three units in season 2019-20.
Recovery of 10.98% (Gross Recovery of 11.86% after adjustment on account of B-heavy molasses) in SS 2020-21
Sugar production for the country, estimated around 30.9 million tonnes in the Sugar Season (SS) 2020-21, with a likely diversion of ~2.2 million tonnes for ethanol production
Sugar inventories lower by 17% at the year-end
Strong distillery performance on production and sales - growth of 14% and 23% in FY 21 respectively
Sugar production estimated around 30.2 million tonnes in the Sugar Season (SS) 2020-21, with a likely diversion of over 2 million tonnes for ethanol production (Previous season 2019-20 - ~ 27.42 million tonnes and 0.8 million tonnes diverted for ethanol production)
Sugarcane crushing ongoing in all the seven sugar mills; Sugarcane crushed 2.81 million tonnes @ a recovery of 10.19% (Gross Recovery of 10.93% after adjustment on account of B-heavy molasses) in Q3 FY 21
1.82 lakh tonnes quota for exports for 2020-21 under the MAEQ programme
Strong ethanol production and sales – growth of 11% and 24%
Engineering Businesses
Muted performance of Power Transmission business in the quarter. Expected to make up in Q4 FY 2021.
WBG has participated in several tenders –domestic and international. New orders expected in Q4 FY 2021/ Q1 FY 2022.
Encouraging trends of recovery but uncertainty remains over the return in normalcy in order booking
Outstanding order book of ₹988 crore for combined Engineering Businesses.