Bannari Amman Sugars (BANNARIAM), a part of the Bannari Amman Group, manufactures and trades in sugar, alcohol, liquor, granite, biocompost, biodiesel and power. The company was incorporated on Dec. 1, 1983. The chairman and managing director of the company is S.V. Balasubramaniam. The company is ISO 9001:2000 certified. The two sugar units in Tamil Nadu can crush 9,000 tons of cane a day. As byproducts, the company produces bio compost fertilizers and pesticides, and 60,000 liters of industrial alcohol and extra neutral spirit a day.
The biodiesel plant produces 3,000 liters of biodiesel a day from multi feed stock like jatropha and pungan seeds etc. The company plans to plant jatropha in more than 10,000 acres by 2009-2010. The company has a 100% export-oriented unit for the manufacture of polished granite slabs, tiles and monuments with a capacity of 60,000 square meters per annum. It exports to USA, Germany, Belgium, Italy, Australia, Middle East and the Far East. It has its own captive granite quarries in some of the well-known Indian materials.
The co-generation plant at the sugar unit II has a capacity of 36 MW and exports surplus power to the Karnataka State Electricity Board. In windmill power generation, seven 1,250 KW WTG from Suzlon have been installed in Karunkulam, Radhapuram, Irukkandurai villages of Tirunelveli district, Tamilnadu. The power generated from this is fed to the Tamilnadu State Electricity Board grid and adjusted in the power consumption of various industries established by the group. The registered office is at 1212, Trichy Road, Coimbatore-641018.
Make use of our Bank Nifty Options today and you are good to get started to make money everyday as we have been voted as #1 Bank Nifty Option trading tips provider in India.