Company News
 
 
A 600MW coal based Thermal Power Project is in the advanced stages of implementation. An investment of about Rs. 3500 Crores is envisaged in the next 5 years. Power generation of approximately 135MW per phase has been planned. Land acquisition is completed at Dahej, Bharuch in Gujarat state.
   
GSL CalChem Private Limited is coming up with a 180 TPD Precipitated Calcium Carbonate & Activated Calcium Carbonate plant and a 50- 100 TPD Ground Calcium Carbonate unit near Silvassa-Dadra border in Gujarat state. Investment envisaged for this project is around Rs. 30-40 Crores. Company is also in talks for acquiring limestone mines. The project is expected to commence commercial production within 8-10 months
   
Millennium Rubber Private Limited proposes to set up a project for manufacturing auto Butyl Rubber Tubes for automobile tyres. The company will be set up at Pipodra near Surat, Gujarat state. An initial capacity of 4500 MTPA has been envisaged with an investment around Rs. 20 Crores. Orders for machinery have already been placed. The project will commence commercial production within 4-5 months.
   
GSL Starch and Derivatives Private Limited is a group company foraying into the agri based industry. The company plans to set up a 150 TPD Maize (Corn) processing unit to manufacture Starch by the typical modern Wet Milling Process initially to start with. Future plans for expansion and manufacture of Starch derivatives like Dextrose Monohydrate, Liquid Glucose, Sorbitol etc. is on the cards. An investment of around Rs. 30-50 Crores is envisaged within 12-15 months.
   
Gupta Group of Companies has finalized planning for an investment of Rs. 250 Crores for its upcoming BOPET (Biaxially-oriented polyethylene terephthalate) film project. This project is expected to come up at its existing facility of Gupta Synthetics Limited at Dadra or at Pipodra near Surat.