Ratnakar Gutte Pioneering Positive Transformation in Gangakhed Sugar News

 



The sugar industry is one of the most important and challenging sectors in the Indian economy, as it provides livelihoods to millions of farmers and workers, contributes to the national energy security, and supports various allied industries. However, the industry also faces many difficulties, such as low productivity, high costs, environmental degradation, and market fluctuations. In this scenario, it is inspiring to see how some entrepreneurs are striving to overcome these difficulties and create a positive impact in the industry and society.

One such entrepreneur is Ratnakar Manikrao Gutte, the promoter of Gangakhed Sugar & Energy Limited (GSEL), a public limited company that operates an integrated cane processing plant (ICPP) in Gangakhed, Maharashtra, India. The company produces sugar, power and ethanol from sugarcane. The company has a sugar processing capacity of 6,000 TCD, a co-generation power plant capacity of 30 MW, and a distillery capacity of 60 KLPD with a slop fired 1.8 MW co-generation power plant. The company is one of the leading sugar producers in Maharashtra, with an annual production capacity of 100,000 tonnes.

But what makes GSEL stand out from the rest is its commitment to innovation and sustainability. Under the leadership of Ratnakar Gutte, a first-generation entrepreneur with over 30 years of experience in the power sector, the company has invested in modern technologies and infrastructure to improve its efficiency and quality. The company has also adopted renewable energy policies, such as using bagasse (a by-product of sugarcane) as fuel for power generation and using molasses (another by-product of sugarcane) for ethanol production. These initiatives not only reduce the dependence on fossil fuels and save costs, but also reduce greenhouse gas emissions and earn carbon credits.


Moreover, GSEL is also involved in various social and environmental initiatives, such as providing employment opportunities to farmers and skilled workers in the region, supporting education and health care facilities, promoting water conservation and soil health management, and participating in community development programs. The company has also received several awards and recognitions for its excellence and contribution to the sugar industry.

Ratnakar Gutte is a shining example of how an entrepreneur can make a positive transformation in the world by combining business acumen with social responsibility. He has not only created value for his shareholders, but also for his stakeholders, including farmers, workers, customers, suppliers, regulators, and society at large. He has shown that it is possible to achieve profitability and growth while also caring for the environment and the community. He is an inspiration to entrepreneurs and social workers alike.

Read News: Gangakhed Sugar News

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