Hyderabad: Krishak Bharathi Co-operative Limited (KRIBHCO) will set up a 250 KLPD capacity Bio-Ethanol plant at Sarvepalli in Nellore district by investing Rs 560 crore, reports ABP News.
As per the media report, the plant spread over 100 acres would be developed in two trenches and generate employment for 400 people.
Briefing the Andhra Pradesh Chief Minister YS Jagan Mohan Reddy at CM Camp Office in Tadepalli on Tuesday, the company officials stated that the company will be setting up several processing units including seed processing units.