Prism Advance Technology Enterprise will set up up a 100 klpd ethanol plant at Halvad in the Ahmedabad district of Gujarat, reports Projects Today.
The company will also set up a three MW co-generation power plant at the site.
The company is awaiting financial closure and environmental clearance for the project. The company is in the process to finalise the contractor and machinery supplier.
The work on the project is expected to begin by Q1/FY24 and would be completed by Q3/FY25.