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DCW gets MOEF’s nod for Rs 500 crore expansion project

18 Mar 2014 Evaluate

DCW has received approval from Ministry of Environment and Forest (MOEF) for its expansion project for Trichloroethylene and Poly Vinyl Chloride. The company is also planning to expand its captive plant power generation capacity to 108.27 MW from the current 58.27 MW. The projects will attract investment to tune of Rs 500 crore.

The expansion project comprises, expanding Trichloroethylene to 15,480 MTPA from 7,200 MTPA and Poly Vinyl Chloride to 1.50 lakh MTPA from 90,000 MTPA. The expansion project will be taken up at the company’s facility located at Thoothukudi district on the Southern tip of Tamil Nadu.

DCW, formally Dhrangadhra Chemical Works, is controlled by the renowned Sahu Jain family.

DCW Share Price

46.26 -1.09 (-2.30%)
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