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Sick sugar factories in Odisha to be revived soon

6/07/2022 at 9:23 PM

Bhubaneswar, July 6: Sick sugar factories in Odisha will be revived soon, said the Co-operative

Minister, Atanu Sabyasachi Nayak on Wednesday.

Responding to the BJD MLA, Debi Prasad Mishra during the Assembly Session, Nayak said that the department has asked to the National Sugar Research Institute, Kanpur to study and report regarding the revival of the sick sugar units in the state.

According to the database presented in the Odisha Assembly,  as many as 5 sugar factories were set up across the state by the Co-operative Department. However, two units have been shutdown as they incurred loss with respect to the production. Aska Sugar Factory is now functional while the Bargarh sugar factory has been shutdown from 2017 and the Bijayananda sugar mill in Balangir has been left defunct from 2014.

Apart from it, the Badamba sugar mill has been fetched to Laxmipati Balaji Sugar and Distilleries Pvt. Ltd whereas the Nayagarh Sugar Mill has been handed over to a private entity named Nayagarh Sugar Complex Pvt. Ltd, due to tremendous loss.

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