Meghmani Finechem, a
subsidiary of Meghmani Organics is setting up a 1,10,000 tpa chlor-alkali plant
and a 40 MW captive power plant at Dahej in Gujarat on 65 ha. The company is
investing Rs.555 crore under phase I of the expansion plan.
The company expects to
start trial production by March 2009 and commercial production by April 2009. In
the phase I, the unit will produce caustic soda, chlorine gas and hydrogen gas,
while under phase II, it will focus on downstream chlorine derivatives.
The company has also
acquired at 1 lakh sq. mtrs at Dahej SEZ for Rs.10 crore to set up the
derivatives unit.