At the board of directors meeting held on December 6, 2018, Gujarat Alkalies and Chemicals Limited approved expansion of existing Caustic Soda Plant of Dahej Complex from 785 MTPD to 1200 MTPD and also installation of 65 MW of Coal based Power Plant at Dahej at an estimated aggregate cost of INR 8,250 million. The Project is planned to go on stream in 36 months from zero date The Project when implemented, will contribute approx. INR 4,800 million in Sales of the Company at the prevailing market prices The cost of the said project shall be funded from internal accruals /surplus generated from internal operations and need based gap, if any, shall be met from External Commercial Borrowings (ECB) or Rupee Term Loans.