Mangal Synthesis is planning to set up a grain based ethanol plant with a capacity of 100 klpd at Jaisingpura in Neemuch district of Madhya Pradesh.
The spread over 7.46 acres of land parcel also comprises installation of three MW co-generation power plant.
As per the information shared with Projects Today, Mangal Synthesis is awaiting financial closure for the project. The contractor and machinery supplier are being finalized.
Recently, the company has applied for environment clearance for the project. The work on the project is expected to commence by mid-2023.