Bajaj Hindusthan is unable to commence crushing operations during the Sugar Season 2013-14 at the Sugar Mill of the company situated at Golagokarannath (Dist. Lakhimpur Kheri) in state of Uttar Pradesh. The company has taken this step due to unilateral directions by the Uttar Pradesh Government Authorities to the Sugar Mills for commencing the crushing operation without announcing / fixing a viable and affordable State Advised Price (SAP) as sugarcane price for Sugar Season 2013-14 and to avoid incurring operating losses as also to prevent facing consequential financial difficulties.
Besides, the company has written to the concerned Authorities of the UP Government for suspension of operations of the sugar mill of the company during the Sugar Season 2013-14, till a viable and affordable sugarcane price in accordance with the recommendations of the Rangarajan Committee Report is announced by the UP Government.
Bajaj Hindusthan, a part of the 'Bajaj Group’, is one the largest sugar manufacturing companies in Asia and also the largest industrial alcohol manufacturers in India. It is engaged in sugar manufacturing, distillery operations and bagasse-based power generation. It has 16 sugar mills with a cane crushing capacity of 1.36 lakh tonne per day.
Besides, the company has written to the concerned Authorities of the UP Government for suspension of operations of the sugar mill of the company during the Sugar Season 2013-14, till a viable and affordable sugarcane price in accordance with the recommendations of the Rangarajan Committee Report is announced by the UP Government.
Bajaj Hindusthan, a part of the 'Bajaj Group’, is one the largest sugar manufacturing companies in Asia and also the largest industrial alcohol manufacturers in India. It is engaged in sugar manufacturing, distillery operations and bagasse-based power generation. It has 16 sugar mills with a cane crushing capacity of 1.36 lakh tonne per day.
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