Brief: Bigbloc Construction Unit In Maharastra Has Started Commercial Production With Effect From 12Th April 2023

Bigbloc Construction

12/04/2023 06:56

April 12 (Reuters) - Bigbloc Construction Ltd  BIGB.NS :
    * UNIT IN MAHARASTRA HAS STARTED COMMERCIAL PRODUCTION WITH
EFFECT
FROM 12TH APRIL 2023
    * PLANT AT FULL CAPACITY IS EXPECTED TO GENERATE REVENUES OF
2
BILLION RUPEES PER YEAR
    * TOTAL CAPEX FOR THE WADA PROJECT IS ESTIMATED TO BE AROUND
700
MILLION RUPEES
    * WILL GENERATE EMPLOYMENT OPPORTUNITY FOR 350-400 PEOPLE AT
PLANT
    * CO HAS INVESTED 480 MILLION RUPEES IN PROJECT SO FAR FOR
COMMERCIAL OPERATIONS OF PHASE I
    * CO IN JV WITH SCG GROUP IS SETTING UP 3 LAKH CUBIC METER
PER
ANNUM PLANT FOR ALC PANELS AND AAC BLOCKS IN GUJARAT
    * PLANT IS EXPECTED TO START COMMERCIAL PRODUCTION IN
CALENDAR
YEAR 2023
    * CO IS INSTALLING SOLAR ROOFTOP PROJECTS AT ITS UMARGAM AND
KAPADVANJ MANUFACTURING FACILITIES
    * INSTALLATION OF 450 KW SOLAR ROOFTOP FACILITY AT EACH OF
THE
PLANTS

Source text for Eikon:  ID:nBSERpGSx 
Further company coverage:  BIGB.NS 

 ((Reuters.Briefs@thomsonreuters.com;))