Gujarat Alkalies and Chemicals Limited

Gujarat Alkalies and Chemicals Limited (GACL) is an Indian chemical substance manufacturing company, promoted by the Government of Gujarat. Its manufacturing facilities are located at Dahej and Vadodara in Gujarat.[2] The company manufactures chemicals such as caustic soda, sodium cyanide, chloromethanes, sodium ferrocyanide, caustic potash, potassium carbonate, hydrochloric acid, phosphoric acid (85%) and hydrogen peroxide.[1]

History

GACL was incorporated by Gujarat Industrial Investment Corporation (GIIC) on 29 March 1973. The Government of Gujarat is the owner and major promoter of GACL.[3] The production began in 1976 at the Vadodara plant with a capacity of 37,425 MTPA of caustic soda.[4] The company, along with other corporations like GSFC, Petrofils Co-operative Ltd., and Gujarat Electricity Board, promoted GIPCL Vadodara Gas based Power Station to fulfill electricity demand.[5] After subsequent expansion at both the Vadodara and Dahej plant the total caustic soda productions reach 4,29,050 MTPA.[4]

GNAL

GACL and National Aluminium Company (NALCO) will jointly expand the GACL's plant at Dahej. The joint venture plant, named GNAL, will have a capacity of 266,667 MTPA caustic soda plant along with a 130 MW CPP at Dahej.[6][7] The equity holding of GACL and NALCO for the GNAL is in the ratio of 60:40.[8] NALCO will purchase a minimum of 50,000 MTPA caustic soda from GNAL for its aluminium refineries.[9]

See also

References

  1. Guj Alkali Share Price, Guj Alkali Stock Price, Gujarat Alkalies and Chemicals Ltd. Stock Price, Share Price, Live BSE/NSE, Gujarat Alkalies and Chemicals Ltd. Bids Offers. Buy/Sell Gujarat Alkalies and Chemicals Ltd. news & tips, & F&O Quotes, NSE/BSE Forecast News and Live Quotes www.moneycontrol.com, retrieved 2021-04-21^
  2. Ankur Jain. IICT: GACL to set up caustic soda plant with Nalco - Times of India The Times of India, Sep 29, 2012, retrieved 2021-04-22^
  3. Guj. Alkalies & Chem: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of Guj. Alkalies & Chem - NDTV www.ndtv.com, retrieved 2021-04-21^
  4. Gujarat Alkalies & Chemicals Ltd. Business Standard India, retrieved 2021-04-21^
  5. Capital Market. GIPCL jumps on securing land in Gujarat Business Standard India, 2020-12-09, retrieved 2021-03-02^
  6. Capital Market. Board of Gujarat Alkalies & Chemicals approves revision in project costs Business Standard India, 2020-08-12, retrieved 2021-04-21^
  7. Gujarat Alkalies to set up ₹1,936-crore caustic soda plant @businessline, 11 November 2016, retrieved 2021-04-22^
  8. GACL-NALCO Alkalies & Chemicals Pvt. Ltd. www.gnal.co.in, retrieved 2021-04-22^
  9. Rakhi Mazumdar. NALCO, GACL form JV to set up caustic soda plant The Economic Times, retrieved 2021-04-22^