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GHCL receives nod for additional CAPEX of Rs 10 crore in FY19

GHCL has received approval for additional CAPEX for financial year 2018-19 amounting to Rs 10 crore for Yarn division of the company, which will be used towards Solar Power Rooftop Project of 2.5 MW capacity for annual generation of around 37 lakh units of solar power.

The Board of Directors of the company at its meeting held on October 31, 2018 has approved the same.

GHCL is a leading producer of synthetic soda ash in India with an installed capacity of 8.5 lakh tonnes Per Annum (TPA) located in Gujarat. Over the years, it has diversified into yarn and home textile products.

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