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Jiya Eco-Products finalises land for new pellet manufacturing unit

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Capital Market

At Gandhidham

Jiya Eco-Products announced that the company has signed an 15 year agreement to lease out a land parcel of ~3 acres at Gandhidham, Gujarat.

The land parcel, so finalised, is proposed to house JEPL's new pellet manufacturing facility. This facility will have a rated capacity of N 1,80,000 MTPA. Once operational (by end QZFY19), this would more than double their existing capacity (82,000 MTPA). Demand of pellets, from JEPL's existing customers in east Gujarat, would be met from the proposed Gandhidham plant thereby helping in bringing the transit costs lower

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First Published: Apr 06 2018 | 9:30 AM IST

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