Nellore MP Vemireddy Prabhakar Reddy, Rajya Sabha member Beeda Masthan Rao and Kovur MLA Vemireddy Prashanthi Reddy at the foundation stone laying ceremony of the ₹260 crore ethanol plant at IFFCO Kisan SEZ in SPSR Nellore district on Sunday.
Nellore MP Vemireddy Prabhakar Reddy, Rajya Sabha member Beeda Masthan Rao and Kovur MLA Vemireddy Prashanthi Reddy on Sunday laid the foundation stone for Gayatri Renewable Fuels and Allied Industry at IFFCO Kisan SEZ at Regadichelika village in Kodavalur mandal of SPSR Nellore district.
The ethanol production unit is spread over 28 acres in the SEZ with an investment of ₹260 crore. It is expected to create employment for 500 to 700 persons, said Mr. Prabhakar Reddy. He described the project as a major step towards industrial development in the region and noted that the long-cherished aspirations of the farmers who parted with their land to set up the IFFCO Kisan SEZ nearly three decades ago had finally been fulfilled.
Mr. Prabhakar Reddy said that he personally visited the IFFCO office in New Delhi and repeatedly expressed himself to IFFCO Chairman Dilip Singhani and called for the promotion of industries in Regadichelika SEZ. He congratulated the management of Gayatri Renewable Energy for investing ₹260 crore to set up an ethanol plant.
Ms. Prashanthi Reddy said that several industrialists are showing interest in setting up units in IFFCO Kisan SEZ. With the commissioning of the ethanol plant, a new phase of industrial growth has begun in the Kovur constituency, she added.
Published – 01 March 2026 20:15 IST
