Companies

Aurobindo Pharma gets eco nod for AP plant expansion

PTI Hyderabad | Updated on April 29, 2019 Published on April 29, 2019

₹ 250 crore expansion project is expected to generate 600 jobs

The ₹ 250-crore expansion plan of Aurobindo Pharma’s manufacturing facility in Srikakulam district of Andhra Pradesh has been accorded environmental clearance by the the Ministry of Environment, Forests and Climate Change.

The plan was for increasing the production capacity of bulk drugs and intermediates manufacturing unit from 583.31 TPM (tonnes per month) to 1,518.3 TPM, a press release said here on Monday.

The project involves also installation of a captive power plant of 8.85 MW, the release said.

The project is expected to create jobs for 600 people directly and 120 indirectly, it said.

The estimated cost for expansion is ₹ 250 crore.

The total capital cost earmarked for environmental pollution control measures is ₹ 32.77 crore and the recurring cost (operations and maintenance) would be about ₹ 8.84 crore per annum, it said.

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Published on April 29, 2019
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