Adani Wilmar, a 50:50 JV between Adani Group and Singapore-based Wilmar International is likely to invest Rs 100 crore to raise the capacity of its port-based refinery at Haldia, West Bengal from 800 to 1,600 tpd by December 2009.
Moreover, the investment plan for Haldia includes the land acquisition cost, for which Adani Wilmar has acquired 8 acre of additional land adjacent to the existing unit.
The capacity expansion is a part of company's Rs 600 crore capex to have an oilseed crushing capacity of 10,000 tpd, a refining capacity of 7,000 tpd, and a total edible oil volume of 2.5 million tpa by 2012.
Source : projectstoday
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