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Gujarat Alkali To Expand Caustic Soda Plant At Gujarat Unit
2018-12-07 Announcements Chemicals & Petrochemicals Western India
Gujarat Alkalies and Chemicals Limited has informed that the board of directors of the company at its meeting approved the expansion of Caustic Soda Plant and installation of 65 MW Coal based Power Plant at Dahej. Detailed information is annexed below:
1. Expansion of existing Caustic Soda Plant of Dahej Complex from 785 MTPD to 1200 MTPD and also installation of 65 MW of Coal based Power Plant at Dahej (Gujarat) at an estimated aggregate cost of Rs.825 Crores.
2. The Project is planned to go on stream in 36 months from zero date.
3. The Project when implemented, will contribute approx. Rs.480 Crores in Sales of the Company at the prevailing market prices.
4. The cost of the said project shall be funded from internal accruals/surplus generated from internal operations and need-based gap, if any, shall be met from External Commercial Borrowings (ECB) or Rupee Term Loans.