The Chief Minister, Dr Y.S. Rajasekhar Reddy, will inaugurate the first corn-based ethanol plant in the coastal Andhra Pradesh at Gandepalli village in Kanchikacharla mandal of Krishna district on Tuesday. The Chief Minister will arrive at Kanchikacharla at 10.15 am and inaugurate the plant which was built at a cost of Rs 130 crore. The plant provides direct employment to 350 people and indirect employment to another 1,000 people. The value-added agro-processing unit will manufacture ethanol from coarse cereals, which is an additive to petrol.