The Gujarat Narmada Valley Fertilisers and Chemicals Ltd (GNFC) has formed a joint venture for setting up a wet lime project in Bharuch at a cost of Rs 50 crore.

It has said in a BSE filing that the company along with Santosh Agrochem LLP will set up “about 345 MTPD purified wet lime project in a phased manner at Bharuch to be implemented through a JV Company in the name of ‘Calciwell Chemtech Pvt Ltd’ at an estimated cost of Rs 50 crore.”

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