Rama Phospates Ltd acquires land for new project

Rama Phosphates Ltd has purchased land in Nardana Industrial Area, Dhule District, which is bordered by Madhya Pradesh and Gujarat State, measuring 210377 Sq. Mts. (51.98 Acre), from Maharashtra Industrial Development Corporation (MIDC), and the capital investment for the entire project will be made in phases.

 

In addition, the Maharashtra Pollution Control Board has approved the Company’s Phase I project to manufacture Single Super Phosphate (SSP) including Fortified Zincated and Boranated fertiliser with a capacity of 216000 MTPA and Sulphuric Acid Plant with a capacity of 90000 MTPA, with a capital investment of Rs. 48.954 crores.

 

The company is at an advanced stage of finalizing the Plant and Machinery and consequently Company is targeting to commence the production by the end of FY 2023.

 

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