Venkata Sudheer Bio Products is underway to achieve financial closure for its grain-based ethanol plant with a capacity of 200 klpd at Peddavaram village of NTR in the Krishna district of Andhra Pradesh.
The proposed facility will be supported by a 6 MW coal-fired captive power plant spread across 20.80 acres of land parcel. The project expects to create employment opportunities for about 150 persons.
According to the latest information available with Projects Today, Venkata Sudheer Bio Products is awaiting environmental clearance on the project.
The work on the project is expected to begin in May 2023. In addition, the contractor and the machinery supplier are yet to be finalised.