Dalmia Bharat Sugar & Industries Ltd

Dalmia Bharat Sugar & Industries Ltd

Dalmia Bharat Sugar & Industries Ltd is an India-based company. The company is one of the largest sugar manufacturer with 22500 TCD cane crushing capacity. Their plants are located at Ramgarh Jawaharpur and Nigohi in Uttar Pradesh with the production capacity of 7500 TCD each. Dalmia Bharat Sugar & Industries Ltd was established in 1935 by Jaidayal Dalmia. In the year 1939 the cement unit was started with the installed capacity of 250 tonnes per day. They manufactured cement by semi-dry process. The machinery used for cement production was imported from Germany. In the year 1949 they installed a 500 tonnes per day wet process kiln supplied by FLS Smidth Denmark. The company was originally incorporated in the year 1951 with the name Dalmia Cement (Bharat) Ltd.In the year 1958 the company commenced their Magnesite operations. In the year 1959 the company undertook the expansion in the cement manufacturing plant with installation of another 500 tonnes per day wet process Folax kiln supplied by F L S Smidth Denmark. In the year 1970 the company acquired Govan Travels.In the year 1982 the company installed a 200 tonnes Vertical Shaft Kiln using Fuel Slurry process. In the year 1986 the company improved their packaging and presentation by using ply bags for cement. In the year 1987 they used lignite as fuel and reduced their variable cost. Also they expanded 1500 TPD dry kiln process. In the year 1993 the company started their wind farm. In the year 1997 they commissioned the VRM-Cement Grinding Mill. They completed the 3300 TPD-KHD upgradation in the 2002.During the year 2003-04 the company installed a new magnetic separator plant at a cost of Rs 30 lakh which would help recycling of earlier rejected material. The company developed new export markets in the Middle East and South East Asia during the year.During the year 2004-05 the company received the trial order of Magnesia-Carbon Bricks from the Vizag Steel Plant. In March 2005 they completed the installation of the 27 MW Captive Thermal Power Plant and was commissioned during the year 2005-06. The company expanded the production capacity of cement by 2266000 tonnes to 3500000. Also they expanded the production capacity of sugar by 2500 TCD to 7500 TCD. Dalmia Sugar Ltd a subsidiary company got amalgamated with the company with effect from June 8 2005.During the year 2006-07 the company commissioned two bagasse-based co-generation power plants at Jawaharpur and Nigohi - each of 27 MW. These newly installed generation capacities have not only given the company significant operational advantages but also opened new revenue streams. They have signed a Power Purchase Agreement (PPA) with the Uttar Pradesh Power Corporation Ltd (UPPCL).Dalmia Cement (Meghalaya) Ltd a subsidiary company got amalgamated with OCL India Ltd pursuant to the orders of the Gauhati High Court vide order dated October 15 2007. Consequent to this merger the company acquired 21.7% strategic stake in OCL India Ltd. During the year 2007-08 the company set up two new cement plants at Kadapa (Andhra Pradesh) and Ariyalur (Tamil Nadu) of 2.25 MnTPA each. In December 2008 Eswar Cements Pvt Ltd was amalgamated with the company.During the year 2008-09 the company increased the production capacity of Cement by 3 MnT to 6.5 MnT. Also they increased the production capacity of Power from 95.52 million units to 113.52 million units. During the year fourth quarter of the financial year 2008-09 the company commissioned cement plant in Kadapa (Andhra Pradesh) with the production capacity of 2.5 MnT.During the year 2009-10 the company commissioned the cement plant in Ariyalur (Tamil Nadu) with the production capacity of 2.5 MnT. In January 2010 the company increased their stake in OCL India Ltd from 21.7% to 45.4% through inter-se transfer. In May 2010 the company and Kohlberg Kravis Roberts & Co L P signed a definitive agreement under which KKR agreed to invest up to Rs 750 crore in the company's wholly owned unlisted subsidiary which will house post restructuring the company's 9 MTPA cement manufacturing capacity.As per scheme of arrangement the company de-merged the cement business refractory business thermal power business and certain other businesses (collectively the Demerged Undertakings) into Dalmia Bharat Enterprises Ltd. Dalmia Bharat Enterprises Ltd is presently wholly owned subsidiary of the company. In order to reflect the post restructuring businesses the name of the company was changed from Dalmia Cement (Bharat) Ltd to Dalmia Bharat Sugar and Industries Ltd with effect from September 7 2010.During the year financial year 2010-11 the company installed multi-fuel boilers at Jawaharpur to enable seamless power generation during off-season.