Rama Phosphates acquires land and capital investment for new plant

24 Feb 2022 , 01:35 AM

Rama Phosphates has acquired land admeasuring 210377 Sq Mts 5198 Acre from Maharashtra Industrial Development Corporation MIDC Nardana Industrial Area Dhule District which is bordered by Madhya Pradesh and Gujarat State and the Capital investment for the entire project would be in Phase manner Further to this connection the Company has obtained consent to establish Phase I from Maharashtra Pollution Control Board to manufacture Single Super Phosphate SSP including Fortified Zincated Boranated fertilizer with Capacity of 216000 MTPA Sulphuric Acid Plant with Capacity of 90000 MTPA and the Capital Investment of the Phase I project is Rs 48954 crore The Company is at advanced stage of finalizing the Plant and Machinery and consequently Company is targeting to commence the production by the end of FY 2023