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Indian Potash to Revive Odisha Sugar Mill
Project Overview
- Indian Potash Limited (IPL) has signed an agreement with the Odisha government
- Plan to revive the long-shut Badamba Cooperative Sugar Mill in Cuttack district
- Total investment of ~₹360 crore for modernization and expansion
Plant Revival & Capacity
- Mill has been non-operational for over 15 years
- Expected to restart operations within one year
- Planned capacity: 3,500 tonnes of cane per day (TCD)
Integrated Infrastructure Development
- Project includes:
- 16 MW cogeneration power plant
- Bio-CNG unit (10 tonnes/day)
- Modern cold storage facility
- Aims to create an integrated agro-industrial ecosystem
Farmer & Rural Impact
- Expected to benefit ~10,000 farmers in the region
- Will:
- Revive sugarcane cultivation
- Improve farmer incomes
- Generate local employment opportunities
Government Support
- Odisha government to provide ~112 acres of land on long-term lease
- Project formalized through an MoU in presence of central leadership
Strategic Intent
- Part of IPL’s broader effort to:
- Strengthen agri value chains
- Support cooperative sector growth
- Builds on IPL’s experience of reviving sick sugar mills in Gujarat
Larger Industry Context
- Sugarcane being positioned as an “energy crop”
- Potential to produce:
- Ethanol
- Power
- Biofuels
- Aligns with India’s bioenergy and rural development goals
Overall Takeaway
- Project combines industrial revival + rural development + clean energy integration
- Expected to boost local economy while creating a sustainable agri-industrial model
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