en.Wedoany.com Reported - Gujarat Alkalies and Chemicals Limited (GACL) has approved the construction of a high-purity hydrogen peroxide plant, aiming to expand its high-value specialty chemicals business.

The new plant will be located within the existing facility in Dahej, Gujarat. High-purity hydrogen peroxide is a critical material in semiconductor manufacturing and solar cell production, and this project will support India's efforts to expand domestic production in advanced electronics and related fields.

GACL's investment in the project is approximately INR 670 million. The plant is planned with an annual capacity of 5,000 tons, and the company expects to complete construction within about 18 months from the start date. Once operational, the project is projected to generate nearly INR 420 million in revenue annually. The company will primarily fund the investment through internal accruals, with any funding gap covered by borrowings.

According to The Hindu BusinessLine, GACL's move aligns with the growing demand for high-purity chemicals in the semiconductor and solar manufacturing sectors, and is consistent with India's overall direction of strengthening domestic supply chains in advanced electronics and clean energy. With the rapid expansion of semiconductor and solar manufacturing facilities across India, GACL is poised to benefit from the increasing demand for ultra-high-purity chemicals.

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