Maputo, Mozambique, 18 Feb – The investment by Indian company Tata Chemicals in biofuel production in Mozambique is expected to be made in the central province of Sofala, according to biofuel publication, Biofuels Digest.
In January the company announced, without giving details, a project for biofuel production in Mozambique, with an estimated initial investment of US$15 million.
Cited by Mozambican news agency AIM, the publication said that the Indian investment would by applied in an area initially developed by Grown Energy in 2009, in the district of Chemba, in Sofala, covering an area of 15,000 hectares.
In August 2009, the Mozambican government approved two projects for biofuel production, one of which of the Zambezi Grown energy Limited, which included Asian and South African interests.
Biofuels Digest reported that, for that purpose, Tata Chemicals had acquired Grown Energy, paying US$1.1 million in October, 2010, and the project is likely to be carried out in the same area that the Mozambican government attributed to the Grown Energy group, in Chemba.
The company plans to produce ethanol from sugar cane at a total maximum investment of US$224 million, when the company will be producing the equivalent of 100 million litres of fuel. (macauhub)