Tech Bond proposes bulk drugs manufacturing unit

Tech Bond proposes bulk drugs manufacturing unit

By: ICN Bureau

Last updated : March 06, 2018 8:18 pm



Tech Bond laboratories Pvt Ltd has proposed to manufacture bulk drugs and drug intermediates at its Anantharam unit in Andhra Pradesh's Medak district.


Tech Bond laboratories Pvt Ltd has proposed to manufacture bulk drugs and drug intermediates at its Anantharam unit in Andhra Pradesh?s Medak district.

In its presentation before the Ministry of Environment and Forests for environmental clearance, the company said that the proposed cost of the project is Rs 51.34 crore. Of this, Rs 5 crore will be spent on environmental control measures.

The company proposed to manufacture 18 bulk drugs and their intermediates on campaign basis. Tech Bond said that the proposed capacity of bulk drugs and drug intermediates is 240 TPA.

The bulk drugs proposed are: Sparfloxacin, Mirtazapine, Topiramate, Olanzapine, Amlodipine Besylate, Montelukast Sodium, Loratadine, valsartan, Clopidogrel Hydrogensulfate and Gabapentin.

The total area of the unit is 27200 sq m of which 9241 sq m is for greenbelt development.

Tech Bond said the unit has the advantages of local supporting facilities, transportation, communication and availability of highly-skilled personnel.

The company it will strictly follow all the safety and hazard identification measures according to the guidelines of the National Safety Council for a process industry and will provide all necessary safety equipment for protection of the industrial establishment as well as the personnel working in the plant premises.

Personnel protective equipment will be provided to all its employees who are involved in the handling of hazardous activities.

The company said there will not be any major potential for negative impact on the environment due to the proposed project and that all environmental infrastructures are available in the region.

On the contrary, there will be positive impact on the socio-economic environment since the project will generate some permanent and secondary employment and it will increase direct and indirect employment opportunities, the company said.

In order to mitigate the air pollutants and to attenuate the noise generated by the plant and also improving the ecology and aesthetics of the area, the unit will develop the green belt and plant nearly 1500 trees, the company said.

There are also no historical places, defence installations, archaeological sites, wildlife sanctuaries or national parks and ecologically-sensitive areas within a 10 km radius from the project site.

TechBond

First Published : June 17, 2011 12:00 am