According to the bank website, the project will "support (a) a brownfield expansion of its existing sugar plant at Hariawan (located in Hardoi district in Uttar Pradesh) by an incremental 5000 tons of cane per day (TCD); (b) an installation of a 30 MW cogeneration power plant using bagasse as fuel in Hariawan; and (c) an expansion of its distillery capacity in Ajbapur."
According to IFC, "DCM Shriram Limited is a publicly listed company on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India with revenues of approximately US$ 1.06 billion and Net Profit of approximately US$ 104 million for the financial year ended March 31, 2018. The Company had a market capitalization of approximately US$ 866 million as of February 22, 2019. The Sponsors, led by Mr. Ajay S Shriram, Mr. Vikram S Shriram and Mr. Ajit S Shriram. collectively control approximately 66% of the shares in DCM Shriram and the rest of the shareholding is widely held by institutional and other public shareholders."
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
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DCM Shriram Limited
Mr Himanshu Bokaria
Additional General Manager
91 11 42100200
1st Floor, Kanchenjunga Building, 18 Barakhamba Road, New Delhi - 110001
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