Rajshree Sugars & Chemicals Ltd has announced that the Board of Directors of the Company at its meeting held on October 30, 2006, has accorded their approval for setting up of a 3000 TCD sugar factory and 20 MW cogen plant at Gingee Taluk, Villupuram District within the command area of the Company’s existing sugar factory at Mundiampakkam, Villupuram District at a capital outlay of Rs 160 crores.