MoneyWorks4Me

Linde India plans to invest Rs 500 crore in Andhra Pradesh

05 May 2016 Evaluate

Linde India is reportedly planning to invest Rs 500 crore in Andhra Pradesh. The industrial gases major is in advanced stage of discussions and expect financial closure for the proposed projects before end of this year.

The group had earlier announced its plans to set up an air separation plant and a lab for food processing industry for cryogenic freezing.

Linde India is engaged in the businesses of gases and related products and project engineering. The Company operates in two segments: Gases and Related Products and Project Engineering.

Peers
Company Name CMP
Petronet LNG 290.25
Linde India 5993.90
IRM Energy 256.95
Steamhouse India 127.60
Nilachal Carbo Metal 112.90
View more..