|            |   Patna, 
(Bihar Times): Several corporate giants have evinced interest in taking on lease 
sick sugar mills of Bihar. Reliance Industries, Tata Chemicals, Bharti Enterprises’ 
Fieldfresh and Indian Oil are some of them. 
 The Bihar government is offering 
these closed mills, mainly to exploit opportunities to make ethanol to meet mandatory 
petrol blending norms that were introduced this year.
 
 The Bihar government 
recently decided to offer 15 closed mills belonging to the Bihar State Sugar Corporation 
on a long-term lease of 60 years, This can be extended by 30 more years if the 
SBI makes the recommendation.
 
 Bharat Petroleum, Hindustan Petroleum, 
Renuka Sugars, Upper Ganges Sugar, Dhampur Sugar and India Glycols have also acquired 
the request for qualification form.
 
 According to state’s cane development 
minister, Nitish Mishra, a pre-bid meeting is to be held on December 8 in New 
Delhi. All bids need to be submitted by the December 20. The leasers will be shortlisted 
on December 29.
 
 Comment Comments... Its nice to see that there is something good for bihar.The government 
  should   cash this opportunity. The suger mills which were supposed to 
  be good for   nothing are showing doors for bihar's progress. The govt
  should also promote   farming of sugercane such that the demand of these
  mills could also be   fulfilled.This kind of industry can also help in
  generation of electricity   which is rare in rural areas of bihar. Meraj Ahmad  meraj.amd@gmail.com -------------------------------------- A 
good news indeed .This step will go a long way in improving the financial condition 
of the people residing in the area in the vicinity of sugar mills.
 Kunal 
Singh
 kunal@cadence.com |      
  | India 
Business Directory  |   
|  |   |  |   |  |   |  |   |  |   |  |   
|  |   
|  |   |  |    |