UPL gets environmental clearance for Rs 353-cr pesticide unit expansion

The power requirement after the expansion will be met from Dakshin Gujarat Vij Company Ltd (DGVCL)

farmer
Press Trust of India New Delhi
2 min read Last Updated : Dec 15 2019 | 12:11 PM IST

Agrochemical firm UPL has received the environment clearance from the government for its Rs 353.43 crore pesticide unit expansion project in Bharuch district of Gujarat, according to official documents.

The environment ministry has given the go-ahead to the company for the proposed expansion project based on the inputs of a green panel, the documents showed.

The approval has been given with some riders which include that the company should neither produce banned pesticides/chemicals nor use any prohibited raw material for production of pesticides.

The proposed project is for expansion of the manufacturing capacity of existing products of pesticide technical grade, intermediate products and solid/liquid formulations and also for adding new products.

The company plans to increase the capacity of pesticide unit from 1,520 tonne per month (TPM) to 4,720 TPM and pesticide-specific intermediate from 1,120 TPM to 2,100 TPM at Ankleshwar in Bharuch district.

The expansion, which will be in the existing land area of 1.36 lakh square metres, is estimated to cost Rs 353.43 crore, the documents showed.

The power requirement after the expansion will be met from Dakshin Gujarat Vij Company Ltd (DGVCL).

At present, UPL has a production capacity of 6,910 TPM. It has 11 manufacturing facilities in Maharashtra, Jammu and West Bengal and marketing network in 133 countries.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :UPL

First Published: Dec 15 2019 | 11:45 AM IST

Next Story