Turbomachinery Engineering came up with Rs 11 crore for the Nizamabad Cooperative Sugar Factory, while GMR Technologies and Industries offered Rs 4.5 crore for the Amadalavalasa Cooperative Sugar Factory. A total of nine bidders contested for the three mills. The bids were opened last weekend.
Currently bids are invited by October 22 for Nannapaneni Venkatrao Co-operative Sugars, Jampani, Guntur District and Kovuru Cooperative Sugar Factory, Nellore, according to a release by Implementation Secretariat.