Rana Sugars, a Rana Group company, was founded in 1992 in collaboration with Punjab AgroCorporation. In year 2002, it has setup a Demonstration Co-generation Project to produce extra power from the Bagasse (by-product of sugar) and export it to Punjab State Electricity Board. The Rana Group of Companies made a humble beginning in mid 80’s when Rana Gurjeet Singh, group’s Founder set-up Agro Boards Limited a Kraft Paper unit in Punjab. Success of this maiden venture was duly recognized by apex state owned industrial promotion corporations and this led to Rana Group’s ventures with different state-owned corporations.
After the success of Agro Boards, Rana Group diversified into sugar manufacturing by setting its first unit at Buttar Sevian, Punjab in 1993. Over the years the group has established itself as a pioneer in the sugar industry. The group is in sugar, alcohol, power generation and textile sector. Sugar is very vital part of the rural economy and Rana Group supports the cause of the sugar farmers. The group is actively involved with the farming community in order to improve yields and quality of sugarcane. Quality, consistency and relationships have propelled the group to become one of the most successful industrial houses in north India.
The company is also a market leader in Punjab Medium Liquor (PML) sector. The company has portfolio of well-established liquor brands. It is also a preferred bottler of several leading liquor brands. The alcohol is produced from both Molasses and grain. Molasses is a by-product of sugar that has a certain amount of sugar content that is extracted through a technological process.
Business area of the company
The company is principally engaged in the manufacturing of sugar, distillery and co-generation of power. The company has portfolio of well-established liquor brands. It is also a preferred bottler of several leading liquor brands.
Product segments the company
- Sugar manufacturing: It manufactures and sells sugar, molasses and bagasse. Whereas sugar is main product; others are the bye products and are produced at various stages of the production of the sugar.
- Ethanol/ENA manufacturing: It manufactures Ethanol & Liquor. The basic raw material for Ethanol & Liquor is molasses and grain.
- Power generation: This part of the business consumes the bye product bagasse from sugar process and co generates the power. The segment also procures fuel from outside to generate power.