Elantas Beck gets green nod for expansion project

Elantas Beck India Ltd has received an order from the State Level Environment Impact Assessment Authority, Gujarat (SEIAA) granting environmental clearance to the Company for setting up of expansion in Synthetic Organic Chemicals manufacturing plant.

The facility is located at Plot No. 1 & 122, GIDC, Ankleshwar, Dist. Bharuch, Gujarat.

While the existing capacity is 21353 MT and capacity utilisation is over 90 per cent, the proposed capacity addition is 48763 MT . The proposed capacity will be added within the period granted by SEIAA, subject to obtaining the consent to establish.

Investment required for the project is Rs 412 crore and the mode of funding will be internal accruals and other finances, if required at the time of project execution. Further regulatory approvals will also be required and are awaited for this expansion.

Image Credit : static.zingyhomes.com

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