New Sugar Refinery in Kakinada SEZ

new sugar refinery is being set up in the port-based special economic zone (SEZ) in Kakinada at a cost of over Rs 300 crore. The refinery is planned as a joint venture between EID Parry (India) Ltd of the Murugappa group and Cargill International Ltd. Sugar is to be imported from Brazil, refined in the unit and exported. The unit is expected to be commissioned by December 2007. A captive power plant is also planned for the proposed sugar refinery. It will be one of the major units coming up in the SEZ.