Stories Tagged 'Sugar mills'
It’s always been a bitter story between sugar mills and sugarcane farmers.After the government in the first week of January fixed the floor price of sugarcane at Rs536.56 per quintal, sugar mills have started piling pressure on the government to increase the factory price of sugar. But this floor 
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Sugar producers have been lobbying strongly to hike the wholesale price of sugar by Rs13 per kg following the revision of the sugarcane floor price by the government.
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Sugar mill owners criticised the government’s decision to raise the floor price of sugarcane to Rs536.56 per quintal, saying it would make sugar dearer to consumers. The floor price is the minimum rate sugarcane farmers get for their crops from factory owners.
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The government on Monday warned sugar producers to clear the dues of sugarcane farmers within five days or face stern action. This is the second time in four months that the government has told sugar mills to make payment to sugarcane farmers for their crops.
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Nepal Electricity Authority (NEA) has signed a power purchase agreement (PPA) with Indu Shankar Sugar Mill to purchase electricity. As per the agreement, the sugar mill located in Sarlahi district will supply 3MW of electricity to the nearest substation of the state-owned power utility.
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Reliance Sugar Mill of Manaharwa, Bara has not paid sugarcane farmers for their crops despite a government order to settle their dues. The cane growers said the mill owed them Rs500 million, and that they had not received their money for the last five months.
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