News Karnataka
Friday, March 29 2024
Cricket
Mysuru

Nirani sugars takes control of PSSK, Pandavapura in Mandya

Photo Credit :

Bengaluru: The Pandavapura Sahakara Sakkare Karkhane (PSSK) at Pandavapura in Mandya district, popularly known as Pandavapura Sugar Factory and considered as the lifeline of many sugarcane growers in this part of the district, is all set for a renewed start soon. The factory was shut down for the last one year. 

Nirani Sugars, owned by BJP leader Murugesh Nirani won the bids floated by the state government to reopen the Pandavapura Cooperative Sugar Factory (PSSK) in Mandya district. The tender closed on May 13. Murugesh Nirani is a prominent BJP leader from the state. The tender was opened on June 5 in which Nirani Sugars was the highest bidder.

This is a sugar factory operated by farmers themselves through cooperative society. The factory was shut years ago due to mounting losses, following which the Government invited private parties to run the factory. Later Kothari Sugars came forward to run the factory, but could not manage to run it for long, and subsequently, the factory was closed again. However, for the last six years, it had been facing financial problems due to various reasons.

The factory currently has a crushing capacity of 3,500 Metric Tons per day and the successful bidder may have to raise it to 5,000 tons per day for economic viability, as per the tender norms. The Government had invited tenders following a resolution passed at a meeting of all stakeholders at the Mandya Deputy Commissioner’s office on Mar.1, 2019, which was presided over by the then DC Manjushree. The Government had set certain terms and conditions in the tender which included payment of pending wages to employees, bearing the cost of modernization, generation of 12 Megawatt of power, and protection of employee interests, among others. 

Share this:
Bhavana S

Read More Articles
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

To get the latest news on WhatsApp