Krishnapatnam Infratech is planning to develop an Industrial Park 'Navayuga Pharma City' at Chillakur mandal in Nellore district of Andhra Pradesh.
The project worth Rs 675 crore will spread over 1,262.15 acre of land. The project will also include co-generation power unit of 30 MW and desalination plant with a capacity of 45 million ltr per day (mld).
The project will generate employment for 11,000 persons.
In the latest development available with Projects Today, Krishnapatnam Infratech is awaiting environmental clearance (EC). Work on the project is expected to commence by December 2019.