Zambia: Dr Rajan Mahtani’s Mahtani Group & UK Sunbird Ink $150m Luapula Plant Deal

LUSAKA, Zambia - Aug. 14, 2014 - PRLog -- The United Kingdom’s Sunbird Group and Rajan Mahtani’s Mahtani Group has recently collaborated to develop a bioethanol plant in the province of Luapula. This will the first time in the province. The estimation of the project as calculated is around 150 million USD.

Bioethanol is a fuel, which can be used instead of petrol. It is generated mainly for its use in motor vehicles. It has been decided that this fuel will be generated from the renewable resources such as cassava, which grows well in the province of Luapula thus making the place an ideal location for bioethanol plant.

The chairperson of Mahtani Group said in an interview that the company will be working with United Kingdom’s Sunbird Group for establishing a $150 million plant. He also said that the project will start very soon in this year probably from the month of October or November.

According to Dr Rajan Mahtani the project will create about two thousand direct jobs and five thousand indirect job opportunities. It’s a big project which would not only create employment opportunities but will also make the environment greener and a better place to live in.

He said, “We are working with international players to develop the first Bioethanol plant which will be set up in Luapula. That project hopefully, provided the permissions are granted, should start on the first week of October or the first week of November this year.”  The project will have its operations in China and United States.

"The significant of the project is that it is going to be the first project that will be using cassava to extract bioethanol for fuel and that will help in going green," he said.

Dr Rajan Mahtani
Source:Mahtani Group of Companies
Tags:Dr. Rajan Mahtani, Mahtani Group of Companies
Location:Lusaka - Lusaka - Zambia
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