Venkata Sudheer Bio Products is on its way to achieving financial closure for its 200 klpd grain-based ethanol plant based in Peddavaram village of NTR in Krishna district of Andhra Pradesh, reports Projects Today.
The company will be setting up a 6 MW coal-fired power plant spread across 20.80 acres of land. It is expected that the project would generate employment for about 150 people.
The company is awaiting environmental clearance on the project and the work on the project is expected to begin in May 2023. The company is yet to finalize the contractor and the machinery supplier of the project.
