Pelwatte Sugar Industries Limited, Sri
Lanka’s largest sugar cane grower and processor running the
country’s most technologically-advanced sugar factory, is now
going in to milk production in a big way, the company’s just
released annual report revealed.
Pelwatte’s major shareholder, Ariyaseela
Wickramanayake has embarked in a three phased dairy project with
a new subsidiary, Pelwatte Dairy Industries (Pvt) Limited,
floated this year to drive the company in its foray into the
"The project will be sited at our premises at
Buttala, where existing infrastructure, topography, soil type
and natural resources are well suited,’’ the Pelwatte report
An investment of Rs.740 million spread over the
first three years is planned, it said.
The three main activities under the dairy
umbrella involves a farm with 3,000 head of cattle to be raised
on the company’s own farm with 25,000 more head of cattle to be
raised by 15,000 outgrower farmers.
An animal feed manufacturing plant with a
production capacity of 2,000 mt. of low cost, highly nutritious
feed expected to boost milk production is part of the plan.
The third limb of the project is a milk
processing plant with a capacity of 100,000 litres per day to
produce pasteurized milk and sterilized milk as well as other
dairy derivatives such as butter, cheese, yogurt and ice cream
as well as powdered milk.
Pelwatte said the key objective was to cross
utilize by-products of sugar cane cultivation such as sugar cane
tops for animal feed. The project will also maximize land
utilization and other resources owned by Pelwatte for increase
increased productivity of both its core and diversified
The company believes that the project will help
uplift the socioeconomic and living standards of the community
within which it runs its business and also help sugar cane
outgrowers as well as cattle farmers in the Moneragala District.
Pelwatte has floated another subsidiary,
Pelwatte Lake and Spa Resorts (Pvt) Limited, planning an
exclusive "lakeside resort in idealic surroundings.’’
The company said that this resort will differ
from any other spas utilizing the natural resources of the sugar
plantation location in the Monaragala district including
wetlands and streams. The report said that some 60 sub species
of birds are found in the area.
"The sweet fruits of our labour (is) yet to come,’’ the