Jakraya Sugars Ltd. (JSL) Is incorporated under the Companies Act 1956. The company came into existence on May 3, 2007 with its Registered office at Chelekar Galli, Mangalwedha,, Dist. Solapur, Maharashtra. The integrated sugar and co-gen power plant is coming up at village Watwate in Mohol Tahasil in the same district.
The JSL factory is located at Watwate, Tal-Mohol, Dist-Solapur. It is 32 Km towards western side from Solapur and 24 Km towards eastern side from Mangalwedha and 5 Km towards southern side from Village Wagholi situated on the Solapur Mangalwedha Road. The JSL 3500 TCD sugar Factory and 15 M.W co-gen and 30 KLPD distillery and ethanol plant will be expanded in 2 nd Phase up to 120 KLPD capacity. JSL is actively participating in Govt Ethanol blending programme aggressively. By expanding Ethanol production capacity JSL will divert 60% of sugar syrup directly for Ethanol.
The site of sugar Factory is 3.5 KM away from bank of Bhima River the command area of JSL is within 15 Km Radius. The command area is irrigated by canal irrigation from Ujani Dam and lift irrigations from Bhima and Sina River 10,000 hectors area is under sugar cane crop the 4.5 to 5 Lack MT Sugar cane will be easily available from the command area. The 76 Villages from Mohol Tahasil, South Solapur Tahasil, and Mangalwedha Tahasils are included in the command area of sugar Factory. The average recovery of sugar cane is 11. 88% in Solapur District. JSL will help to boost, Socio-economic development of rural India. In this year Solapur district is state’s highest sugarcane producing district crushed 150 lacs MTs Cane. The company is promoted a group of qualified and dedicated professionals with a vision for overall economic development, rural empowerment and environmental concerns.
The Promoters :
The company is promoted by chairman Shri. Birappa Bhagwan Jadhav (B.Sc - Agri., L.L.B), Advocate and a prominent agriculturist. Mr. Jadhav is the founder of Agro Service Centre at Mangalwedha in the year 1977 which continues to function successfully today. He was also the founder Chairman of ‘Fruit Growers Association’ at Mangalwedha in 1980. Shri Jadhav is also a well known social worker in the district. Today he continues to provide technical guidance to farmers in the region.
A brief introduction of some important members of the Board of Directors
Shri. Sachin B. Jadhav (B.Sc Agri, MBA) Managing Director of Company having 12 years experience of erection & commissioning and operation of sugar factory.He is an entrepreneur in his own right. Completed MBA in Administration from National Institute of Management. He have timely decision taking capacity in any condition. He is keenly working for achievement of yearly target.
Shri. Rahul B. Jadhav (B.E – Mech.) is an experienced engineer as well as an agriculturist. He is presently looking after the technical management of the sugar factory under construction. He has also done course of Co-gen from MITCON. He is technically sound and solves any technical issues. He is aggressive for plant capacity utilization.
Financial Tie-ups :
Name of Bank |
Sanction Limit (In Lacs) |
Outstanding as on 31.03.2022 (Rs. In Lakh) |
Indian Overseas Bank (UGECL ) |
844.00 |
844.00 |
Indian Overseas Bank (Distillery ) |
1000.00 |
390.20 |
Dena Bank ( Expansion ) |
711.00 |
100.56 |
IREDA ( Distillery Expansion ) |
7805.00 |
7805.00 |
IREDA |
1900.66 |
317.40 |
SDF (Distillery Unit ) |
1076.74 |
134.59 |
Union Bank of India (Soft Loan) II |
1400.00 |
805.20 |
Indian Overseas Bank (UGECL II) |
2175.00 |
1779.63 |
Total |
14737.40 |
12176.58 |