Punjab Alkalies & Chemicals intends to expand its Hydrogen Peroxide plant from 99,000 tpa to 2,64,000 tpa at Naya Nagal in Rupnagar district.
The project includes expansion of Chlor-Alkali plant from 300 tpd to 800 tpd. New units will come up for Flaker of 200 tpd, Stable Bleaching Powder of 100 tpd, Hydrogen Peroxide 50 tpd. The project will also include a Coal & Biomass-based Captive Power plant of 75 MW.
The project will be taken up in various phases. The company applied for green nod in October 2018 and on 7 January 2020 it received environment clearances from the Ministry of Environment, Forest and Climate Change.
As per the update available with Projects Today, detailed feasibility study for the project has been completed while financial closure is underway.
Civil construction work on capacity expansion from 300 tpd to 450 tpd is expected to commence soon and completed by June 2020. Contractor has not yet been appointed.
The project will see an investment to the tune of Rs 1,240 crore.