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Kansai Nerolac Paints’ unit in Punjab by 2018

Monday, 24 Sep 2018
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Work is underway on Kansai Nerolac Paints’ unit in Punjab. The unit with a capacity of 52,800 kilo ltr per year is located at Goindwal Sahib in Amritsar district of Punjab.

The project was approved by the Board of Directors of the company in July 2015 but remained in the planning stage for three years. It was only in 2018 that the construction work on the project was undertaken. To meet the increasing demand, the company enhanced the proposed capacity from earlier planned 36,000 kilo ltr per year to 52,800 kilo ltr per year. Accordingly, the project cost was pegged at Rs 216.5 crore.

The recent developments garnered by Projects Today indicates that around 60 percent work on the project has been completed. The balance is expected to get over by December 2018. However, the commercial production will begin by March 2019.

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