tag:blogger.com,1999:blog-14410328.post5575495915407020656..comments2024-03-20T23:10:05.429+05:30Comments on Indian Stocks: Company: Gujarat Ambuja Exports: Dec 31,2010 Shareholding data reviewWhat'sUp Prahaladhttp://www.blogger.com/profile/05216054234415437998noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-14410328.post-60985786307073723482011-01-21T22:14:26.327+05:302011-01-21T22:14:26.327+05:30Hi WhatsUp, Here is an article from My Iris by SMC...Hi WhatsUp, Here is an article from My Iris by SMC-<br /><br />Gujarat Ambuja Exports (GAEL)<br /><br />Investment Rationale<br /><br />>GAEL is setting up vegetable oils unit at Kadi in Gujarat. The plant will have the capacity to produce 9,000 tons per annum (tpa) of vegetable oils. Work on the project is under progress and is scheduled for completion by Jul 2011.<br /><br />>The company is setting up a 11-mega watt, coal- based thermal power plant at Dalpur in Gujarat at an investment of Rs 560 million. Work on the unit is in progress and is scheduled to be completed by Jan 2011.<br /><br />> It is setting up one of the country`s biggest maize processing unit at Hulasogi village in Shiggaon taluk of Haveri district in Karnataka at an investment outflow of Rs 1.1 billion. The unit is strategically located in the state which produces 30 lakh tons of maize annually, while the farmers in Shiggoan produce around 5 lakh tons of maize, which is more than the units requirements. The new plant which is schedule to commission commercial production by July will have the capacity to process 750 tons of maize per day. Meanwhile GAEL is planning to acquire additional 41 acres of land at Hulasogi to set up other units at the same location and in order to meet its energy requirement it plans to set up 5MW power plant.<br /><br />> The company with its focus on international trade has set up a wholly-owned subsidiary at Singapore and has recently promoted a vanaspati and oil refinery project in Sri Lanka. To compete globally with giants, the company has put in place a strong infrastructure that constitutes technologically advanced plants with captive power generation at each plant. GAEL is poised to scale newer heights and is fully geared to achieve the magical Rs 18 billion operational turnover .Anonymousnoreply@blogger.com