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Premier Explosives to commence construction of greenfield project near Hyderabad

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Capital Market

Plans to complete project by December 2018

Premier Explosives has received the approval for the drawings of manufacturing factory at Katepally village. The company would manufacture HMX, ammunition, solid propellants and warheads at this Greenfield project which is located about 80 km from Hyderabad. The Company has already received Industrial Licences for these products. With receipt of this approval, the company can now start construction of the plant and plans to complete it by December 2018.

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First Published: Oct 24 2017 | 11:30 AM IST

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