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Aditya Birla Nuvo to invest Rs 4,000 crore to expand urea capacity by 3,850 TPD

31 Jan 2013 Evaluate

Aditya Birla Nuvo has received an approval for brownfield expansion of urea capacity by 3,850 tonnes per day (TPD) at existing fertilizer complex at Jagdishpur in Uttar Pradesh. Such expansion is envisaged at a capex of around Rs 4,000 crores.

The board at its meeting held on January 30, 2013 has approved for the same. The above brownfield expansion is however subject to necessary approval(s).

Aditya Birla Nuvo operates in areas like financial services, telecom, fashion and lifestyle, IT and ITES, agri products, yarn and textile manufacturing.

Peers
Company Name CMP
Grasim Industries 3171.00
DCM Shriram 998.35
3M India 34233.10
Hindustan Foods 625.90
Balmer Lawrie & Co 168.10
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