Foundation stone laid for ₹260 crore ethanol plant in Nellore district

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Nellore MP Vemireddy Prabhakar Reddy, Rajya Sabha subordinate   Beeda Masthan Rao and Kovur MLA Vemireddy Prashanthi Reddy astatine  the instauration  stone-laying ceremonial  for the ₹260 crore ethanol works  astatine  IFFCO Kisan SEZ successful  SPSR Nellore territory  connected  Sunday.

Nellore MP Vemireddy Prabhakar Reddy, Rajya Sabha subordinate Beeda Masthan Rao and Kovur MLA Vemireddy Prashanthi Reddy astatine the instauration stone-laying ceremonial for the ₹260 crore ethanol works astatine IFFCO Kisan SEZ successful SPSR Nellore territory connected Sunday.

Nellore MP Vemireddy Prabhakar Reddy, Rajya Sabha subordinate Beeda Masthan Rao and Kovur MLA Vemireddy Prashanthi Reddy connected Sunday laid the instauration chromatic for Gayatri Renewable Fuels and Allied Industry astatine the IFFCO Kisan SEZ successful Regadichelika colony of Kodavalur mandal successful SPSR Nellore district.

The ethanol manufacturing portion is coming up connected 28 acres successful the SEZ with an concern of ₹260 crore. It is expected to make employment for 500 to 700 persons, Mr. Prabhakar Reddy said. He described the task arsenic a important measurement towards concern improvement successful the portion and noted that the long-cherished aspirations of farmers who parted with their lands astir 3 decades agone for the constitution of the IFFCO Kisan SEZ were yet being realised.

Mr. Prabhakar Reddy said helium had personally visited the IFFCO bureau successful New Delhi and made repeated representations to IFFCO Chairman Dilip Singhania, urging the promotion of industries successful the Regadichelika SEZ. He congratulated the absorption of Gayatri Renewable Energy for investing ₹260 crore to acceptable up the ethanol plant.

Ms. Prashanthi Reddy said respective industrialists were showing involvement successful establishing units successful the IFFCO Kisan SEZ. With the motorboat of the ethanol plant, a caller signifier of concern maturation had begun successful the Kovur constituency, she added.

Published - March 01, 2026 08:15 p.m. IST

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