Nexgen Energia to invest $37.8M in ethanol expansion over the next year

In India, Nexgen Energia, India’s fastest-growing clean fuel energy company announces its expansion plan to enter the Ethanol segment and set up plants across the country. The company plans to invest around $37.8 million into its upcoming projects in the coming fiscal year.

Nexgen Energia has a sizable existence in almost all the clean energy portfolios including India’s first AI-based (MSW) segregation technology & CBG (CNG) manufacturing plant, ethanol manufacturing plant, green diesel production & its retail outlets, bio coal production, EV charging station, etc. The company has a massive plan of setting up 40,000 production plants & retail outlets by 2027.