Prism Advance Technology Enterprise has revealed its plans to set up an ethanol unit with a capacity of 100 klpd at Halvad in Ahmedabad district of Gujarat.
The proposed project will also comprise the installation of three MW co-generation power plant.
As per the information, Prism Advance Technology Enterprise is awaiting financial closure and environment clearance for the project.
The contractor and machinery supplier are still being finalized.
The company expects to start the work on the ethanol unit project by Q1/FY24 and to compete by Q3/FY25.