Mohanrao Shinde SSK is planning to set up an ethanol unit with a capacity of 45 klpd at Mohannagar in Sangli district of Maharashtra.
The project will entail an investment of Rs 65 crore which will be funded through the bank loan and the remaining 10 percent from internal accruals.
As per the latest information available with Projects Today, detailed project report (DPR) preparation has been completed. Mohanrao Shinde SSK is still awaiting necessary clearances. Also, financial closure is yet to be achieved. The work on the project is expected to commence by April 2020.