Gangakhed Sugar

 


Founded on September 28, 2007, Gangakhed Sugar & Energy Limited (GSEL Maharashtra)is one of the best sugar manufacturers public company that is registered in Parbhani, Maharashtra, India. The company is currently active, and as of March 31, 2017, it has delivered its annual returns and financial statements (FY 2016-2017). According to the MCA, this limited liability company has an authorised capital of Rs 105.00 crore and a paid-up capital of Rs 80.17 crore.

 

Utilizing extra bagasse from local sugar mills, biomass, and agricultural waste allows the 30 MW cogeneration power plant with a 110 ata pressure boiler to operate at full capacity.

 

They have a range of skills that enable them to progress and stand out from competitors. These skills include excellent customer relationships, a solid infrastructure, two roller mill technology, and a wide range of goods.

 

The mission of the organisation is to effectively manage the plants using BAST (best available systems and technology), create items of the highest caliber, establish benchmarks, and consistently deliver excellence.

 

The organisation has three directors and two signatories. Dattatray Ravan Gaikwad is the Chief Financial Officer (KMP) of Gangakhed Sugar & Energy Limited India, and Rajendra Daulatrao Dongare is the CEO (Kmp). Currently working together as directors are Kalpana Bhagwat Gutte, Ratnakar Manikrao Gutte, and Vishnu Ambaji Mundhe.

 

With his 31 years of expertise in the power sector,  Ratnakar Gutte, Gangakhed Sugar Owner., has enriched the organization. Under his direction, the business quickly reached a number of previously unreachable milestones and rose to prominence as one of Maharashtra's top producers of sugar, electricity, and distillery goods.

 

In a relatively short period of time, Ratnakar Manikrao Gutte, a man of mission, aim, and planning, established the Company as a household name in the sector of sugar and power plant execution. He comes from a first generation of business owners and has extensive practical experience in engineering, the nuances of civil construction, installing machinery, finance, banking, taxation, general management, and commercial problems.

 

Mr. Radheshyam Tiwari has a master's degree in business administration and a postgraduate degree in commerce. He has 34 years of expertise managing finances and accounting in the business world. With his great accounting skills, he has been monitoring the business's accounting operations from its beginning, and under his leadership, the company has attained a steady financial position.

 

PRODUCT PROFILE

 

1.     SUGAR

Sugar is one of the main products manufactured by the company. To optimize sugar recovery, reduce losses and transport costs, and retain friendly relations with the agricultural community, the company has undertaken several initiatives. The juice that is extracted from the crushed cane is evaporated to create sugar. This is a common sweetener used in both food and beverages. In India sugar is mostly packed and sold loose.

 

2.     Molasses

When sugar cane is refined to produce sugar crystals, molasses, a delicious byproduct, is extracted. The sugar crystals are separated from the liquid by machines using centrifugal force. The leftover syrup transforms into molasses.

 

3.     Bagasse

Bagasse is a by-product that may be utilized in two profitable ways: to make paper and to create power. An environmentally beneficial alternative to the traditional method of obtaining pulp from trees is to make paper from bagasse.

 

Bagasse makes around 30% of the entire amount of sugar produced. Thus, 1,800 tones of bagasse are produced per day at a 6,000 TCD facility.

 

4.     Alcohol

Molasses, a waste product from the manufacture of sugar, is distilled to make ethanol, rectified spirit, extra neutral alcohol, denatured spirit, and other products that are used in the chemical, pharmaceutical, and alcohol industries. Another useful alternative fuel is ethanol.

 

5.     Energy

Bagasse is used to generate power because it has a high heat factor, replacing the traditional thermal option and reducing greenhouse gas emissions. Currently, boilers powered by bagasse provide the energy needed by sugar mills.

 

The government of India has begun to push the co-generation of power from bagasse. Both a higher return for sugar mills and the production of power, a resource that is scarce in India, are anticipated outcomes of this.

 

 

 

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