Riding on its Rs35 crore capex at Dahej SEZ, Neesa Infrastructure Limited (NIL), a unit of Ahmedabad-based Neesa Group, aims to close the fiscal 2010-11 with a turnover of Rs 130 crore, up from Rs 67 crore in the last financial year.
The company is ready to go on stream with a greenfield foundry and valve manufacturing facility, which is part of Neesa Group's expansion plan at Dahej SEZ, where the group announced its plans to set base as the SEZ's official hospitality partner in September.
NIL is also setting up a fabrication job shop for meeting the customised requirements of both domestic and offshore companies based out of the Dahej SEZ. According to an official communique by NIL, all the facilities in the 19,000 sq mt unit independent of the hospitality hub will be ready for commercial use in near future.
The company's SEZ unit will cater to requirements of major sectors like oil and petroleum, chemical, sugar, agriculture, thermal power, steel and metallurgy, pulp paper and fiber, water treatment and sewage.
Apart from meeting the requirements of companies situated in Dahej SEZ, the valve products will be exported to countries like Australia, Middle East, Europe, North America and South America. The total installed capacity of NIL for valves is going to be around 1,800-2,000 tonnes per annum.