Mangal Synthesis is mulling to set up a grain-based ethanol plant at Jaisingpur in the Neemuch district of Madhya Pradesh, reports ProjectsToday
The plant spread over 7.46 acres of land will have a capacity of 100 klpd. It also comprises installation of three MW co-generation power plant.
The company is finalizing the contractor and machinery supplier and is awaiting financial closure for the project.
The company has also applied for environmental clearance and the work on the project is expected to commence by mid-2023.