Company History
History - Building the Company brick by brick
Balrampur Chini Mills Limited (“BCML”) was incorporated in 1975 under the Companies Act as a wholly-owned subsidiary company of Balrampur Sugar Company Limited (Name
changed to Balrampur Commercial Enterprises Limited) (“ BCEL ”). By an indenture of conveyance dated 21 February 1976 , BCEL transferred to BCML the land, building and other assets and the entire staff of its Balrampur Sugar Factory with effect from 1 July 1975 . BCML ceased to be a subsidiary of BCEL with effect from 25 th June, 1979 and its shares were listed on the Calcutta Stock Exchange (CSE) in 1979. The Balrampur Mill started with a crushing capacity of 800 TCD (Metric Tonnes crushed per day) in 1975 and has since been expanded to its present capacity of 12,000 TCD.
In 1990, BCML acquired a controlling stake in Babhnan Sugar Mill Ltd, which at that time, had a crushing capacity of 1,000 TCD. BCML undertook expansion and modernization programmes at the sugar mill in Babhnan (the “ Babhnan Unit ”) which resulted in an increase in crushing capacity from 2,500 TCD in the year 1992-1993 to the current crushing capacity of
10,000 TCD. Babhnan Sugar Mills Ltd. was merged with BCML with effect from 1 April 1994 .
In 1995, BCML set up a distillery in Balrampur with a capacity of 60 KL per day
which has now been raised to 160 KL per day for the production of distillery products using molasses, which is a by-product of the sugar production process. In February 2004, BCML commenced operation at a new distillery at Babhnan unit with a capacity of 60 KL per day.
In April 1998, BCML acquired a controlling stake in Tulsipur Sugar Co. Ltd. (“ TSC ”), a profit-making sugar company located near Balrampur in Eastern Uttar Pradesh with an installed capacity of 2,500 TCD. TSC was merged with BCML with effect from 1 April 1999 . The crushing capacity of Tulsipur Sugar was subsequently expanded to 7000 TCD.
In March 2003, BCML commissioned a bagasse based co-generation power plant with a capacity of 19.55 MW at Balrampur
and the said capacity has been increased to 24.55 MW.
During the period of 2003-2004 BCML set up an integrated sugar complex at Haidergarh (the “ Haidergarh Unit ”) consisting of a plant with a crushing capacity of 4,000 TCD and a bagasse based co-generation power plant with a capacity of 20.25 MW. Today, the capacity of the co-generation power plant has been increased to 23.25 MW . Both the co-generation power plants comply with all parameters of the Kyoto Protocol and are accordingly eligible to receive carbon emission benefits.The crushing capacity of the Haidergarh sugar division has since been increased to 5000 TCD.
A greenfield sugar project having a capacity of 7000 TCD was set up at Akbarpur, Distt. Ambedkarnagar, U.P. which was commissioned in November 2005. A bagasse based co-generation power plant with a capacity of 18 MW was also installed at Akbarpur.
The crushing capacity was subsequently expanded to 7,500 TCD.
A new greenfield integrated sugar complex has been set up at Mankapur, Dist. Gonda, Eastern U.P. with a capacity of 8000 TCD sugar plant, 34 MW co-generation power plant, 100 KLPD distillery and 20 MT Organic Manure facility. The plant has begun operations in November 2006.
BCML acquired an integrated sugar unit having a sugar plant of 7500 TCD and co-generation power plant of 12MW situated at Rauzagaon, District Barabanki, U.P. from Dhampur Sugar Mills Ltd. in March 2006 in an all cash deal of Rs. 182 crores. The crushing capacity has been subsequently expanded to 5000 TCD and cogen facility to 25.75 MW through modernization scheme.
A new greenfield integrated sugar complex has been set up at
Kumbhi, Dist. Lakhimpur, Kheri, U.P. with the capacity of 8,000
TCD sugar plant and 20 MW co-generation power plant. The plant
begun operations in April 2007.
A greenfield integrated sugar complex has been set up at Gularia, Dist.
Lakhimpur, Kheri, U.P. having sugar cane crushing of 8,000 TCD
and co-generation power plant capacity of 31.3 MW. The plant began operations in November 2007.
BCML has acquired a 53.96% stake in the equity capital of Indo Gulf Industries Ltd. (IGIL).
BCML has taken over the management of IGIL after receiving of the approval from SEBI and completion of the open offer
.IGIL has a sugar unit having crushing capacity of 3000 TCD at Maizapur in Eastern U.P.
