Srikalahasthi Pipes Approved A CAPEX Of Rs. 125 Crores
Srikalahasthi Pipes Limited has informed that the board of directors of the company at its meeting approved a CAPEX of Rs.125 crores for the following projects,
1. Allocated Rs. 55 crores for setting up of Ferro Alloys Plant.
2. Allocated Rs. 70 crores for developmental projects in Ductile Iron Pipe Plant viz.
a) Installation of 3rd Annealing Furnace,
b) 1200 dia mm production facilities,
c) Balancing Infrastructure facilities.