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Board of BIGBLOC Construction approves Rs 75 cr greenfield project

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Capital Market
Last Updated : Feb 21 2022 | 7:04 PM IST

At meeting held on 21 February 2022

The Board of BIGBLOC Construction at its meeting held on 21 February 2022 has finalised to expand its footprint in Maharashtra region by installing a new Greenfield Project of AAC Blocks with a capacity of 5,00,000 cubic metre per annum in Palghar District. This will be the biggest plant in India. Capex will be approximately Rs. 75 crore which wlll be met with a mix of debt & equity. Plant will also be eligible for carbon credits.

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First Published: Feb 21 2022 | 6:43 PM IST

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