Current Date: 15 Nov, 2024

Vibrant Industrial Park Limited planning to set up Industrial Park Project in Gujarat

Vibrant Industrial Park Limited proposes an industrial park in the villages of Golana and Mitali, Taluka Khambhat, and Anand District, Gujarat. For the project's environmental clearance, the company has submitted a Terms of Reference (ToR) application to the Ministry of Environment, Forest, and Climate Change (MoEFCC). The project is proposed to be built on a 1,300-acre plot of land. It will be able to house more than 350 industrial units. Chemical, pharmaceutical, paper, textile, and engineering sectors are among those proposed. Power (MW) 323.5 Captive Thermal Power Plant (Co-generation Plant). 

The entire investment in the project is expected to be around 11345 crores by the firm. The project is projected to take three years to complete. The construction is scheduled to begin in early 2024. According to the corporation, the initiative will assist to enhance the region's economy and offer job possibilities for the locals. Here are some of the details of the project: Project Name: Vibrant Industrial Park Location: Village: Golana and Mitali, Taluka: Khambhat, District: Anand, Gujarat Land Area: 1008 acres. Capacity: Over 350 industrial units Proposed Industries: Chemical, pharmaceutical, paper, textile, and engineering sectors Investment: 11345 crores. Expected Completion: 2026

As of September 2023, The project is currently in the stage of being approved currently awaiting approval from the government.

News by Rahul Yeligetti

Source : Projxnews