Apart
from this, the Government of Maharashtra has promised to help
the factory with its share capital contribution in the proportion
of one t
o
nine. To make the proposal more feasible and profitable Netafim Irrigation India Pvt. Ltd., has promised to help this unique project by undertaking
the total development of cane in the proximity of the sugar factory,
by inducting the world famous drip irrigation system develped by them, along with their modern technique
of cane cultivation and water management.
Any individual or institution (from India/
NRI) can participate in this unique venture by purchasing
at least one share each belonging to any of the following categories,
namely Producer, Non-producer and Sympathizer. Those who have
land in the District of Kolhapur or in any of the three Talukas
of Sindhudurg District and are willing to cultivate and supply
cane to the factory, can become producer members. However, those
individuals and institutions who have no land and yet want to
participate
in this unique venture, can purchase shares from the non-producer
members category. Open to all is the category of sympathiser members.
Those who want to advance the cause of women in this country can
purchase any number of shares from this category and thus contribute
towards the advancement of women's welfare.
Project
Highlights
| Nature
of the project |
Manufacture
of White Crystal Sugar |
| Capacity |
2500
TCD |
| Location |
Tambale,
Bhudargad Taluka, Kolhapur District |
| Project
Cost |
Land
& Site Development
|
93.40
|
| Buildings
&Civil Works |
950.21
|
| Plant
& M/c |
2652.00
|
| Miscellaneous
Fixed Assets |
195.00
|
| IDC
& Financial Charges |
530.02
|
| Preliminary
& Preoperative |
85.00
|
| Contingency |
194.53
|
| Cane
Development Expenses |
70.00
|
| Margin
Money for Working Capital |
229.84
|
| Total
Project Cost |
5000.00
|
|
| Means
of Finance |
| Equity |
| Members'
contribution |
Rs.
560 Lakhs
|
| State
Government |
Rs.
1440 Lakhs
|
| |
Rs.
2000 Lakhs
|
| Term
Loans |
|
| Financial
Institutions and Banks |
Rs.
3000 Lakhs
|
| Total
Means of Finance |
Rs.
5000 Lakhs
|
|
