Swachh Bio’s Major Investment for Sustainable Energy Production
Swachh Bio, a leader in lignocellulosic biofuels, revealed plans on Tuesday for a new 250 KLPD second-generation bioethanol plant in Telangana. The company will invest over Rs 1,000 crore in this initial phase, creating 250 direct jobs and an additional 250 support roles.
Government Support and Vision
Chairperson Praveen Paripati held discussions with Chief Minister Revanth Reddy and Industries Minister D Sridhar Babu. The Congress government has committed full support to this significant project.
“We were greatly impressed by the new government’s vision for decentralised development in Telangana,” stated Praveen. “We look forward to partnering with the state, contributing to its growth and transformation, and in turn, benefiting from substantial growth ourselves.”
Future Expansion Plans
Swachh Bio has also confirmed its intentions to establish more plants in Telangana, reinforcing its commitment to sustainable energy and regional development.
