GNAL is putting up a green field project of caustic soda plant and, to meet its power and steam requirements, a coal based captive co-generation power plant in Plot No. D-II/9, at Dahej.
Environment Clearance
Plant Capacities
Technology
The caustic soda plant will be based on the latest membrane cell technology which is the most energy efficient and environment friendly one available today.
The captive power plant will be coal based, using the most efficient and the latest Circulating Fluidised Bed Combustion (CFBC) technology with design flexibility for using 100% indigenous coal to 100% imported coal including blending with lignite.
Project Cost & Finance
The project is proposed to be implemented over a period of 2.5 years at an estimated cost of around Rs. 2000 crores, which includes foreign component of approximately Rs. 300 crores. The project is to be financed with a debt equity ratio of 70:30. The promoters i.e. GACL and NALCO will be contributing equity of Rs.600 crores at 60:40 ratio from their internal accruals. Balance Rs.1400 crores will be sourced from various lenders.
GNAL appointed M/s IDBI Capital Market Services Ltd. as financial advisor who will be assisting in tying up project debt facilities, which would be in the form of Rupee term loan (RTL), External Commercial Borrowings (ECB) or any other options available in the market for the project as deemed fit.
Consultants for the Project
