This would be the fourth sugar mill in the state and second in Kabirdham.
"Chief Minister Raman Singh has given in-principle approval to the proposed action plan for the factory, to be set up in Pandariya area of the district, during a meeting at his official residence here today," a public relation department official said.
As per the approved action plan, the daily crushing capacity of new sugar factory will be nearly 25,000 metric ton, he said.
The mill will be installed at the cost of 150 crores and a share capital of Rs 10 crore will be collected from farmers, he said, adding, with farmers' share in the capital, they will have an important role in management of the factory.
Chief Minister has instructed the officials to take action as per the approved action plan as soon as possible, he said.
Meanwhile, Kabirdham district collector has constituted an 11-member committee of officials led by Pandariya Sub Divisional Officer to take steps for setting up the sugar mill, he said.
