Gujarat Alkalies and Chemicals (GACL) has inked an agreement with National Aluminium Company (Nalco) for setting up an integrated caustic soda plant and captive power plant at Dahej in state of Gujarat at a cost of Rs 1,789 crore. The capacity of the caustic soda plant will be 2.7 lakh tonnes per annum and that of the captive power plant will be 100 MW.
Nalco will hold 40% equity in the project, while the rest will be held by GACL, a Gujarat government owned company.
Gujarat Alkalies and Chemicals is engaged in business of manufacturing basic chemicals such as sodium cyanide, sodium ferrocyanide, chloromethanes, hydrochloric acid, caustic potash, potassium carbonate, phosphoric acid (85%) and hydrogen peroxide.