Indian bank OKs $150M loan for Sudan sugarcane ethanol plant

In Sudan, the Indian EXIM Bank will give a $150 million loan towards construction of the Mashkour sugar factory in the White Nile region. By 2013 the facility will produce 15 million liters annual of ethanol, as well as sugar, before reaching full capacity of 30 million liters. The total project cost is seen around $280 million.

More on the story.

More Coverage on this Topic

• Brazilian cane harvest improves, ethanol production surges
• Guarani to add 3 million tons in sugarcane capacity, secures $1B in new financing
• Illovo Sugar says it may invest in South African ethanol production
• Tata to invest $15M in Mozambique sugarcane ethanol project
• Zambian gov't to built sugarcane ethanol plant
• Indian producers say they have the capacity to meet E5 ethanol mandate
• Jamaica unveils biofuels policy, targets sugarcane ethanol
• Citigroup says rising ethanol demand will push sugar prices higher

Tags: ethanol, Sudan, sugarcane

Category: International