29 January 2013

GSFC expansion plans of Sikka Fertilizers Complex

Estate owned Gujarat State Fertilizers & Chemicals (GSFC) plans an expansion of its Sikka Fertilizer Complex in Gujrat. Managing Director Atanu Chakraborty tld that they will spend Rs 1800 crore on this expansion project.

The project involves setting up of ‘D Train' with a capacity to produce 1650 tonnes per day (tpd) of diammonium phosphate (DAP), similar capacity to produce NPK complex fertilizer and a 300 tonnes per day (tpd) single super phosphate (SSP) unit.

In addition to this the project also have plans to setup a 500 tonnes per day (tpd) phosphoric acid plant, a 1800 tonnes per day (tpd) sulphuric acid plant and a waste heat recovery based 15.5-MW power plant.

The project is likely to be completed with 32 months of grant of all approvals.

“The financial analysis carried out indicated that the project has good return on investment and the IRR is found to be in the range of 17 – 19%,” according to documents filed by the company with the Union Ministry of Environment and Forests for seeking terms of reference for EIA studies on the proposed project.

Stay tuned to Fertilizer News for more news on Gujarat State Fertilizers & Chemicals (GSFC) !

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