Dhanuka Soya plans to set up a grain-based ethanol plant with a capacity of 320 klpd at Dulakheda & Rawatkheda villages in Neemuch district of Madhya Pradesh.
The proposed plant will also involve the construction of a 7.5 MW co-generation power plant.
The new plant will cover approx. 22.6 acres of land parcel and would generate employment for about 200 people.
Dhanuka Soya is also awaiting environmental clearance for the project.
As per the recent updates available with Projects Today, the company is likely to commence the work on the project in Q1/FY24, with the completion date scheduled for March 2024.