Joint Venture10 Oct 2025, 03:44 pm
Gujarat Ambuja Exports Ltd Signs MOU with Gujarat Government for 900 TPD Corn Wet Milling Plant Expansion
AI Summary
Gujarat Ambuja Exports Ltd has entered into a Memorandum of Understanding (MOU) with the Government of Gujarat for the expansion of derivative capacity at its 900 TPD Greenfield Corn Wet-Milling Plant at Himmatnagar, Gujarat. The project is estimated to cost around Rs. 100 crores and will be financed through internal accruals. The MOU is subject to necessary approvals and clearances from the concerned authorities.
Key Highlights
- Gujarat Ambuja Exports Ltd has signed an MOU with the Government of Gujarat
- The MOU is for the expansion of derivative capacity at the 900 TPD Greenfield Corn Wet-Milling Plant at Himmatnagar, Gujarat
- The project is estimated to cost around Rs. 100 crores
- The project will be financed through internal accruals
- The MOU is subject to necessary approvals and clearances from the concerned authorities