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| Exchange Received Time 15/11/2018 16:10:16 Exchange Disseminated Time 15/11/2018 16:10:22 Time Taken 00:00:06 | This is in continuation of our letter dated 22nd May, 2017 informing Board's approval for setting-up of a facility to produce agrochemical at SRF's Chemical Complex in Dahej, Gujarat. at an estimated cost of Rs. 180 Crores.
Since the initial approval, there have been the following changes :-
i) Capacity enhancement compared to initial design.
ii) Backward integration to enhance competitiveness.
iii) Increase in input costs such as steel, graphite, PTFC etc.
This is to report that the aforesaid project has been commissioned and capitalised at a cost of Rs. 257 Crores. The return profile remains as originally envisaged.
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