Gujarat Alkalies & Chemicals is planning to augment caustic soda capacity from 785 tpd to 1,200 tpd at Dahej in Bharuch district of Gujarat. It will also include 65 MW coal-based power unit.
The project will entail an investment of Rs 825 crore which will be funded from internal accruals/surplus generated from internal operations, and need-based gap, if any, shall be met from external commercial borrowings (ECB) or rupee term loans.
In December 2018, the Board of Directors approved the project. As per information available with Projects Today, detailed engineering work is underway.
The civil work is expected to be commence by May 2020 with completion scheduled for October 2021.