New Delhi: State-run Gujarat State Fertilizers and Chemicals (GSFC) is planning to set up a petrochemical complex at Dahej with an investment of about Rs 8,000-10,000 crore.
"The company is contemplating to set up the petrochemical complex at Dahej with an estimated capital outlay between Rs 8,000 to 10,000 crore," GSFC said in a filing to the BSE on Thursday.
The status of this complex at present is at the feasibility study/DPR (detailed project report) as well as search/selection of technology suppliers, it added.
When contacted, CFO V D Nanavaty said that the company's board has given an in-principle approval to set up a caprolactam plant of 1 lakh tonnes of capacity at an investment of Rs 4,000 crore.
The company is also planning to set up a urea-ammonia plant of 1.3 million tonnes capacity of an estimated investment of Rs 5,000 crore.
The company would set up the complex on 300 hectares of land, which has already been acquired for Rs 300 crore, he added.
At present, GSFC has four plants at Fertilisernagar on the outskirt of Vadodara city, Sikka at Jamnagar in Saurashtra, Kosamba in Surat and a unit in the industrial estate area located at Nandesari in Vadodara.
"The company is contemplating to set up the petrochemical complex at Dahej with an estimated capital outlay between Rs 8,000 to 10,000 crore," GSFC said in a filing to the BSE on Thursday.
The status of this complex at present is at the feasibility study/DPR (detailed project report) as well as search/selection of technology suppliers, it added.
When contacted, CFO V D Nanavaty said that the company's board has given an in-principle approval to set up a caprolactam plant of 1 lakh tonnes of capacity at an investment of Rs 4,000 crore.
The company is also planning to set up a urea-ammonia plant of 1.3 million tonnes capacity of an estimated investment of Rs 5,000 crore.
The company would set up the complex on 300 hectares of land, which has already been acquired for Rs 300 crore, he added.
At present, GSFC has four plants at Fertilisernagar on the outskirt of Vadodara city, Sikka at Jamnagar in Saurashtra, Kosamba in Surat and a unit in the industrial estate area located at Nandesari in Vadodara.
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