You should reach 300hp with some good head work, large and effective intercooler, hx35 or similar, and built pump.
There is guys making ~300hp with the smaller brother to the d24t, the 1.6 4 cylinder.
The crank and block are very stout on these d24's. There is aftermarket rods available, I'm not sure what HP level needs them though. The biggest drawback to high HP is the cylinder head. The d24's at least started out with 2mm larger intake valves then the 1.6.
Sounds like a cool project. Let me know if you need the 12mm pump head!
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