The Union Ministry of Environment, Forest and Climate Change has given green nod for the expansion of active pharmaceuticals ingredients and API intermediates manufacturing unit of NATCO Pharma Ltd.
The facility is located at Mekaguda, Mandal Nadigama, Rangareddy distict, Telangana.
The estimated project cost is Rs 480.31 crore including existing investment of Rs 314.31 crore. Total capital cost earmarked towards environmental pollution control measures is Rs 32 crore and the recurring cost will be about Rs 27.55 crore per annum.
Total employment will be 1200 persons as direct and 300 persons indirect after expansion.
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