This end-to-end solution provided by PIPL ensures delivery of projects on time, risk management and efficient running of operations.
PIPL has experience and expertise in the domain of turnkey contracts for Sugar Industry, particularly from land preparation, plantation, harvesting and transportation of sugar cane, and manufacturing of Sugar.
In Africa, PIPL is the only player who came up with the concept from Land preparation to ready cane at mill.
The Government of Ghana has also shown interest to PIPL for setting up a 3500 TCD sugar factory expandable to 4000 TCD. Investors from Rwanda, Burundi, Gambia, Sierraare also in touch with PIPL for the same project.
Finances for the cultivation of sugar cane will be arranged by Purandare Industries Pvt Ltd., against the SBLC of LOCAL BANK. All services and inputs will be provided to the out grower farmers by the company at agreed cost. This cost will be deducted from their respective sugar cane bills when it will come for crushing to factory.
Financing for Brown Sugar Processing Plant is being sourced through a Stand by Letter of Credit (SLBC) arrangement. Local bank in Tanzania have agreed to issue SBLC to Purandare Industries Pvt Ltd. in favor of Local Bank of India who will finance the PIPL to manufacture, erect and commission the plant. On commissioning of the plant the SBLC will be discharged and the loan will be change to Term Loan for 5 years