Gujarat Alkalies and Chemicals Ltd (GACL) plans to set up a 100 MW gas-based power plant at Dahej, about 100 km from Vadodra, in collaboration with the Gujarat State Petroleum Corporation (GSPC). According to Guruprasad Mohapatra, Managing Director, GACL, the project is expected to be completed in three years, and at an estimated cost of more than $ 80.32 million. This project will become the first state-government undertaking to tap natural resources to generate power. This will reduce the company’s dependence on the grid and help save on power costs. GACL has been exploring alternative energy sources to meet its ever-increasing demand for power. Mohapatra said some of the other projects of GACL include promoting a $ 401.85 million phenol project in a joint venture with Gujarat State Fertilizers & Chemicals Ltd & Dow Europe GmbH for producing two lakh metric ton of chloromethane per annum.
• more@click-Code: ADI01999