Balrampur II

completed

Balrampur Chini Mills Limited (BCML or the company), an existing IFC client, is one of the largest integrated sugar producers in India. The company’s main business is manufacturing and marketing of sugar and it also generates revenues from the byproducts including ethanol (from molasses) and power generation (from bagasse). BCML plans to further expand its production capacity in sugar and byproducts such as power. The proposed project includes:- an integrated greenfield 8,000 TCD sugar mill and associated 31MW co-generation plant in Gulharia;- an integrated greenfield 8,000 TCD sugar mill and associated 20MW co-generation plant in umbhi; - modernization and expansion of co-generation capacity at Rauzagaon plant, all locations in the state of Uttar Pradesh (UP), India; and- other corporate expansions.IFC’s proposed investment is a corporate loan to BCML on IFC’s own account.