Don’t miss the latest developments in business and finance.

GACL chalks out Rs 3,500-cr expansion plan

Image
Press Trust of India Mumbai
Last Updated : Oct 14 2014 | 9:05 PM IST
The Gujarat Alkalies & Chemicals Limited (GACL) today said it has planned a string of expansion and new projects for caustic soda and other products entailing an investment of Rs 3,500 crore.
The expansion projects involve investment of Rs 3,500 crore for augmenting the existing capacities of caustic soda, chloromethane, and phosphoric acid, besides caustic potash at its Dahej plant.
The caustic soda capacity is being expanded by 1,200 tonne per day (TPD), that of chloromethane by 600 TPD, phosphoric acid by 300 TPD and the caustic potash to 120 TPD, a company statement said.
The company is looking at setting up a 120 MW coal-based power project at Dahej as part of the expansion plan.
The company is also exploring the possibility of setting up a new caustic soda plant at Bhavnagar, Gujarat with a capacity of 600 TPD and another new plant in Eastern India with a capacity of 300 TPD.
Alternatively the company may also acquire an existing caustic soda manufacturing plant with a similar capacity in Eastern part of the country, the release added.

More From This Section

First Published: Oct 14 2014 | 9:05 PM IST

Next Story