CM lays foundation for ethanol plant; says ease of business at its best in AP
The Chief Minister said the event reflected the ease of doing business in the state
- Andhra Pradesh
NewsTAP Bureau- Updated On:6 Nov 2022 8:21 AM GMT
KAKINADA: Andhra Pradesh Chief Minister Y S Jaganmohan Reddy on Friday laid the foundation stone at Gummaladoddi in East Godavari district for the Rs 270-crore ethanol manufacturing plant. The project will be established by Assago Industrial Private Limited thus providing employment to about 400 persons directly and indirectly.
Addressing a public meeting on the occasion, the Chief Minister said the event – taking place within six months of his meeting with the Assago promoters, Tech Mahindra CEO CP Gurnani and his son Ashish Gurnani during his Davos visit – reflected the ease of doing business in the state.
"The very fact that it took only six months from the allotment of land to granting all necessary permissions and now to the laying of foundation stone shows the Government's commitment to develop industries. It proves the fact that the ease of doing business was at its best in the state," he remarked.
YS Jagan said that the ethanol plant with a production capacity of 2 lakh litres would provide direct and indirect employment to 300 to 400 persons with 75 percent of the vacancies to be filled up with locals.
The ethanol plant will use broken rice and mace as the raw material and this will help local farmers sell their damaged paddy and broken rice for higher rates while the by-product produced by the company will serve as high protein aqua and poultry feed. The company will also adopt zero-liquid discharge methods causing less pollution.
The Chief Minister assured the promoters that the Government would try to solve their problems on receiving a phone call and requested them to act as brand ambassadors for the state and bring more industries to the state.
At the request of the MLA Chanti Babu, YS Jagan sanctioned Rs 50 crore for the construction of Eluru Right Canal.
Home Minister Taneti Vanita, IT and Industries Minister Gudivada Amarnath, Roads and Buildings Minister Dadisetti Raja, BC Welfare Minister Chelluboina Srinivasa Venugopala Krishna and several MPs, MLAs and MLCs participated in the event.
