Download Unicorn Signals App

Powered By EquityPandit
Latest News

Hindalco gets environment clearance for Rs 240 cr copper plant expansion

Hindalco Industries (HIL) has got the environment approval to set up a new cast copper rod plant in Gujarat’s Bharuch district at a cost of Rs 240 crore.

Birla copper unit of Hindalco Industries has a mega copper smelting and refining complex at villages Lakhigam and Dahej in Bharuch district.

The company, now wants to expand its continuous cast copper rod plant in the existing premises of this unit.

A senior government official has said that “The Environment Ministry has considered the application based on the recommendations of the Expert Appraisal Committee and decided to grant environmental clearance to the proposed expansion of CCR capacity by Hindalco Industries.”

Read EquityPandit’s Technical Analysis on Nifty

Get Daily Prediction & Stocks Tips On Your Mobile