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Thiru Arooran Sugars Ltd.

Sector: Manufacturing (Industrial) • Location: India

Source: World Bank Group

Project
Active

Thiru Arooran Sugars Ltd. (TASL) is developing two 19-MW sugar-cane waste to power plants in Kollumangudi, Thirumandangudi, in Tamil Nadu State. GEC-Alsthom is the equipment supplier for both plants. TASL sells 82% of power generated to the Tamil Nadu State Electricity Board at approximately $0.07.

The $14.3m plant at Thirumandangudi was financed through equity offerings and loans from the sta

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The project “Thiru Arooran Sugars Ltd.” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in India. Taiyo aggregates data on it from World Bank Group.

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Description

Description

Thiru Arooran Sugars Ltd. (TASL) is developing two 19-MW sugar-cane waste to power plants in Kollumangudi, Thirumandangudi, in Tamil Nadu State. GEC-Alsthom is the equipment supplier for both plants. TASL sells 82% of power generated to the Tamil Nadu State Electricity Board at approximately $0.07. The $14.3m plant at Thirumandangudi was financed through equity offerings and loans from the state-operated, Indian Renewable Energy Development Agency (IREDA) and the Industrial Credit and Investment Corp. of India (ICICI). Financial closure was reached in July 1995. None None

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