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DFPCL announces plan to invest Rs 1,950 crore to expand Gujarat plant's nitric acid capacity
Petroleum - Aug 11,2023 -Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL) announced plans to increase Gujarat's Dahej facility's production of nitric acid at a cost of Rs 1,950 crore.
The proposal to build two concentrated nitric acid (CNA) facilities with a combined capacity of 150 KTPA and a 300 KTPA weak nitric acid (WNA) plant has been accepted by the Board, according to a statement.
The company said the new plants will be set up within the existing Nitric Acid complex of DFPCL Dahej in Gujarat as adequate land is available for the proposed construction.
The total project cost is estimated to be approximately Rs 1,950 crore including pre-operative expenses, contingencies, and finance cost during the construction period," it said.
The company will be implementing state of the art technology from leading global technology providers for the brownfield expansion. The production will commence tentatively in the second half of 2025-26, it added.
Company : Deepak Fertilisers and Petrochemicals CorporationRecent News
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