Riga sugar mill in Sitamarhi set to reopen by year-end

Hopes for reopening of the debt-ridden Riga sugar mill in Sitamarhi have revived after Karnataka-based Nirani Sugars Limited recently evinced its interest before the National Company Law Tribunal to re-run the factory, people familiar with the matter said. In a post on social media site “X” a few days ago, Janata Dal member of Parliament from Sheohar, Lovely Anand, had said that the Nirani Sugars owner Murugesh R Nirani has promised that Riga sugar mill would be brought back in operations by December this year. Spread on 104 acres of campus, Riga sugar mill used to cater to around 50,000 farmers and engaged an equal number of supporting staff and workers for sugarcane crushing, processing and marketing of the product. This acquisition aligns with Nirani Sugars Limited’s long-term vision of strengthening its presence in the agro-industrial sector, fostering sustainable and diversified growth, and promoting a circular economy that directly benefits farmers and supports the development of rural communities, while preserving the heritage of Indian sugar industry.” {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The assets acquired by Nirani group include a sugar plant with a crushing capacity of 5,000 TCD, a distillery capacity of 45 KLPD and a co-generation power plant with an installed capacity of 11 MW.