Nelcast in Expansion Mode
Nelcast is going to implement an expansion-cum-modernisation programme .The capacity is going to be augmented from 30,000 tpa tp 72,000 tpa at its Gudur plant & from 42,000 tpa to 78,000 tpa at its Ponneri plant in three phases each.
A cumulative investment of Rs 614.5 MN is expected.In Dec 06 the work on first phase will be nearing completion.The second phase is likely to be completed in Sep 07 & the final phase in Sep 08
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