Balaji Amines has informed that the Company is setting up Organic and Specialty Chemicals Manufacturing Unit of capacity 874.2 TPD (tons per day) in an area of 36 ha located at Plot No. F-104 (Unit IV), Chincholi MIDC, District Solapur Maharashtra. The project also involves installation of captive power plant of total capacity of 10 MWH. The estimated project cost is Rs 400 crore. The Company has received the Environmental clearance for the same from the Ministry of Environment, Forests & Climate Change, Government of India.
The above information is a part of company’s filings submitted to BSE.