44204
DCM SHRIRAM LIMITED
Sep 3, 2020
India
South Asia
Jun 12, 2020
B - Limited
Active
Nov 4, 2020
Regional Industry - MAS Asia & Pac
Manufacturing
Approved : Jun 12, 2020
Signed : Jun 29, 2020
Invested : Oct 28, 2020
All Other Chemical Product
The Project is a 700 tons per day (TPD) brownfield expansion of its chlor-alkali plant at Bharuch (Gujarat, India), along with a 500 TPD flaker plant and a 120 megawatt captive power plant ('The Project”). The Project is expected to cost approximately US$143 million. IFC’s proposed investment of up to INR 3 billion (~US$ 40 million) in DCM Shriram Limited (“DCM” or “the Company) would be used to fund the chlor-alkali plant expansion and flaker plant (costing US$89 million) along with long term working capital and routine capex. The captive power plant will be funded through the company’s internal cash flows.
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For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
DCM Shriram Limited, Worldmark 1, 2nd floor, West Wing, Aerocity, New Delhi - 110037