INDONESIA: India’s Hermes Distillery to invest US$125 million in mill and biogas
Published: 07/11/2018, 3:57:54 PM
India's Hermes Distillery Pvt Ltd is planning to invest US$125 million in a sugar mill and a biogas power plant in Maluku province in Indonesia, said Parekat Vynat Shivanand, a director at local unit PT Hermes Sugar Indonesia, according to Reuters.
The planned mill will have a crushing capacity of 10,000 tonnes of cane per day and plans to start operation in 2021.
The sugar mill and power plant will be located near a 25,000-hectare sugarcane plantation.