Gujarat Alkalies to set up Rs 1936 crore caustic soda plant – Feedback

Gujarat Alkalies and Chemicals Ltd today said its board has approved setting up of a caustic soda plant along with 130 MW coal-based power unit in Gujarat with an investment Rs 1,936.90 crore.

In a meeting held yesterday, the Board of Directors of GACL have also approved setting up of a 15 MW solar power plant on EPC basis at an estimated project cost of Rs 100 crore. In a BSE filing, GACL said, “The Board considered the revised draft project report (DPR) due to change in location of the project from plot no CH-17 Dahej to plot no 1-II/9 Dahej and approved the establishment of a 2,66,667 tonnes per annum caustic soda plant along with 130 MW power plant at revised cost of Rs 1,936.90 crore.” A joint venture firm GACL-NALCO Alkalies and Chemicals was formed in December 2015 to set up caustic soda unit and power plant.

http://economictimes.indiatimes.com/industry/indl-goods/svs/chem-/-fertilisers/gujarat-alkalies-to-set-up-rs-1936-crore-caustic-soda-plant/articleshow/55373294.cms

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