Gujarat Alkalies and Chemicals Limited has informed the Exchange regarding 'Intimation of Installation of Plants to Produce Downstream Products of Chlorotoluenes'. Intimation of installation of three plants to produce downstream products of Chlorotoluenes with aggregate capacity of 40 TPD at an estimated investment of Rs. 81 Crores at Dahej.
GUJALKALI · price
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GACL's Board has approved setting up three new plants at its Dahej complex to manufacture downstream products of Chlorotoluenes. The combined capacity will be 40 tonnes per day (TPD), requiring an estimated investment of Rs. 81 Crores. Once operational, these plants are expected to generate additional annual revenues of up to Rs. 156 Crores at current market prices. This expands GACL's chlor-alkali value chain by moving into downstream Chlorotoluenes derivatives. The project is at the approval stage and the plants are yet to be commissioned.
Positive development for shareholders as the projected revenue (~Rs. 156 Cr) is roughly 1.9x the planned investment, suggesting attractive returns once the plants start operating. Short-term stock reaction may be muted since commissioning and actual revenue contribution are still some time away.