Top government officials, including President Rodrigo Duterte, have lauded the opening of the 40 MW bagasse-based cogeneration plant in Victorias City owned by Victorias Milling Company (VMC), according to local press reports.
Papua New Guinea – New build sugar mill project receives an investment of US$1 billion [Full subscriber]
An agreement by Papua New Guinea (PNG), China and Thailand was signed in Port Moresby on 22nd November to build a new sugar mill and a cogen unit supported by cane plantation along with logistics infrastructure worth PGK3.4 billion (US$1 billion) in the Abau district of Central, according to local press reports.
Brazil – BNDES approves US$17 mln for expanding cogen capacity at Pitangueiras plant [Full subscriber]
The National Bank for Economic and Social Development (BNDES) approved on 2nd October a BRL62.9 million (US416.9 mln) financing for the expansion of the cogen unit at Pitangueiras sugar-ethanol plant located in the municipality of Pitangueiras (Sao Paulo), according to local press reports.
The Uganda-based Madhvani Group is planning to invest Rwf60 Billion (US$75 mln) to expand its Kabuye Sugar Works capacity to 55,000 tonnes from 15,000 tonnes, plus build a 12 MW cogen unit and a biorefinery plant producing 6 million litres of ethanol annually, according to The New Times.
Company Azucarera San Buenaventura (EASBA) commenced operations of its new US$174 million sugar mill on 29th August, according to local press reports.
Mehran Sugar Mills Limited recently announced that it will set up a 26.5 MW bagasse-based cogen plant in Sindh, driven by increased demand for electricity, favourable government’s policies and the need to diversify, according to local press reports.