+
 GHCL to invest Rs 500 cr in textile and chemical in Tamil Nadu
POWER & RENEWABLE ENERGY

GHCL to invest Rs 500 cr in textile and chemical in Tamil Nadu

Gujarat Heavy Chemicals (GHCL) Limited told the media that it will invest Rs 500 crore in Tamil Nadu and has signed a Memorandum of Understanding (MoU) with the government.

GHCL Yarn Division CEO, M Sivabalasubramanian, has exchanged the documents with the Managing Director and CEO, Pooja Kulkarni, in the presence of the Chief Minister, M K Stalin, during the Investment Conclave meeting in Coimbatore.

The company said that it would set up 40,000 ring spindles in Manapparai, Tiruchirappalli, for producing synthetic and synthetic blended yarn to cater knitting and weaving segments in the district. It has planned to install 40,000 ring spindles and 24 knitting machines in Madurai for producing 100% cotton yarn and knitted fabrics.

The company said that it has planned to develop an Extra High Tension(EHT) power transmission line in Manapparai.

As a part of its sustainable business development, the company will set up a 20 MW solar power park near Musiri in Tiruchirappalli. After setting up a 20 MW solar power park, the company will meet 70% of the company's renewable requirements.

The company said that around 52% of the energy required for the yarm segment was fulfilled from renewable energy.

Managing Director of GHCL Limited, R S Jalan, told the media that the MoU would help in creating value for the community following the company's strategic growth plans and sustainability targets. It will enhance the energy portfolio to almost 90% of the energy requirements from renewable energy sources.

Image Source

Gujarat Heavy Chemicals (GHCL) Limited told the media that it will invest Rs 500 crore in Tamil Nadu and has signed a Memorandum of Understanding (MoU) with the government. GHCL Yarn Division CEO, M Sivabalasubramanian, has exchanged the documents with the Managing Director and CEO, Pooja Kulkarni, in the presence of the Chief Minister, M K Stalin, during the Investment Conclave meeting in Coimbatore. The company said that it would set up 40,000 ring spindles in Manapparai, Tiruchirappalli, for producing synthetic and synthetic blended yarn to cater knitting and weaving segments in the district. It has planned to install 40,000 ring spindles and 24 knitting machines in Madurai for producing 100% cotton yarn and knitted fabrics. The company said that it has planned to develop an Extra High Tension(EHT) power transmission line in Manapparai. As a part of its sustainable business development, the company will set up a 20 MW solar power park near Musiri in Tiruchirappalli. After setting up a 20 MW solar power park, the company will meet 70% of the company's renewable requirements. The company said that around 52% of the energy required for the yarm segment was fulfilled from renewable energy. Managing Director of GHCL Limited, R S Jalan, told the media that the MoU would help in creating value for the community following the company's strategic growth plans and sustainability targets. It will enhance the energy portfolio to almost 90% of the energy requirements from renewable energy sources. Image Source

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code