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Alufluoride gets nod to set-up 2 MW solar power project

23 Oct 2017 Evaluate

Alufluoride has received an approval to set up 2 MW solar power project outside Visakhapatnam to meet the additional power requirements. The board of directors at its meeting held on October 18, 2017 has approved the same. The board has also approved the expansion project at Visakhapatnam Aluminium Fluoride Plant.

Alufluoride is engaged in producing Aluminium Fluoride and related products. The Company's Aluminium Fluoride is produced with a technology by reacting dry Alumina Hydrate with Hydro-fluosilicic acid, which is generated from the fluorine recovery unit of the adjoining fertilizer complex.

Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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