Gujarat Alkalies, NALCO JV dispatches 1300 MT of Caustic Soda

23 Aug 2022 , 10:28 AM

Gujarat Alkalies and Chemicals Ltd (GACL) and National Aluminium Company Limited (“NALCO”) informed to the exchanges regarding its Joint Venture Company GACL-NALCO Alkalies & Chemicals Private Limited (“GNAL’).

The company had formed to set up 800 TPD Caustic Soda Plant along with 130 MW Captive Power Plant at Dahej, Gujarat.

GNAL has dispatched 1,300 DMT of Caustic Soda to National Aluminium Company Limited through rail on August 20, 2022 from Ankleshwar, the company said in a regulatory filing.

Swaroop P. IAS, Managing Director of the Company has  flagged off the Rail Rake in presence of Senior Executives of Gujarat Alkalies and Chemicals, GACL-NALCO Alkalies & Chemicals Private Limited and National Aluminium Company Limited.

At around 10:26 AM, Gujarat Alkalies & Chemicals Ltd is currently trading at Rs889.30 per share down by Rs2.85 or 0.32% from its previous closing of Rs892.15 per share on the BSE.

Furthermore, National Aluminium Company Ltd is currently trading at Rs78.45 per share up by Rs1.45 or 1.88% from its previous closing of Rs77 per share on the BSE.