Grasim's FY22 capex stands at Rs. 2,604 Cr
Chemical

Grasim's FY22 capex stands at Rs. 2,604 Cr

Grasim plans an investment in 200 TPD caustic brownfield expansion at Vilayat, Gujarat

  • By ICN Bureau | May 25, 2021

Grasim Industries Limited's total Capex plan for FY22 (excluding paints and fertiliser) is Rs. 2,604 crore vis-a-vis Capex plan of Rs. 1,508 crore for FY21. 

The capex plan includes the VSF expansion project at Vilayat with Line-1 scheduled to be commissioned in Q2 FY22 and Line-2 in Q3 FY22. Other capex includes Grasim’s plans to invest towards increasing its Advanced Materials (Epoxy) business capacity by around 125 KTPA through a brownfield expansion at the existing location of Vilayat, Gujarat. This will include standard and specialty epoxy products along with curing agents. 

Being an industry leader, Grasim will continue to play a proactive role in growing and supporting the demand growth of epoxy products. 

In the chlor-alkali business, Grasim plans an investment in a around 200 TPD caustic brownfield expansion at Vilayat, Gujarat. This would take the total capacity to around 1,400 TPD at its Vilayat site and will primarily meet the customer requirements in the country’s West Region. The expansion will be commissioned in 24 months post receipt of statutory clearances/approvals. 

The company's Solar Renewable business commissioned 182 MW of new capacity in FY21 taking the total capacity to 502 MW. 

Grasim Industries Limited, a flagship company of the Aditya Birla Group, ranks amongst the top publicly listed companies in India. Today, it has evolved into a leading diversified player with leadership presence across many sectors. It is a leading global producer of viscose staple fibre, the largest chlor-alkali, linen and insulators player in India.

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