New Delhi: Grasim Industries has received green nod for expanding the production of viscose staple fibre and captive power at Kharach unit in Bharuch, Gujarat, that would entail an investment of Rs1,800 crore, according to an official source. Now, the company’s Birla Cellulosic unit has received the green light for expansion of its Kharach plant. In a letter issued to Grasim Industries, the union environment ministry said it has given clearance to the company’s proposal for expanding Kharach unit subject to compliance of certain conditions. The company wants to expand its VSF production capacity to meet the increased demand of man-made fibres in the country. The Solven Spun Cellulosic Fibre unit and coal-based captive power plant are yet to be commissioned.

Source: Mint February 25, 2018 06:11 UTC