HNG Float Glass is expected to use a new technology for setting up a furnace at Halol, in Gujarat.
The company will be developing a new technology which will be developed in-house using available solutions. It will be per cent more cost efficient than the company's existing furnace. Currently, it operates a 600 tpd furnace at Halol. Under this new technology, the energy consumption for the additional 1,000 tpd plant will be about 1,280 kilo calorie a kg. The company already has a tie-up with the US based Toledo Engineering Company.
The company is setting up a 1,000 tpd furnace at Halol. It is likely to tie up funds for Rs 850 crore brownfield expansion project by March 2012.
Also See:
HNG to augment container glass capacities (4-June-11)