06 January 2023, Mumbai: AIMCO Pesticides Limited has announced that the Ministry of Environment, Forest and Climate Change has recommended the grant of environmental clearance of the company’s proposal for the expansion of the Technical Grade Pesticides & Pesticide Intermediates manufacturing plant of production capacity from 14360 TPA to 21451 TPA located at Khed in Ratnagiri district Maharashtra.
The estimated project cost is Rs 24.66 crore, including an existing investment of Rs 17.66 crore. The Budget earmarked towards the Environmental Management Plan (EMP) is Rs 2.88 crore (capital) and the Recurring Cost (operation and maintenance) will be about Rs 0.76 crore.
Total employment after expansion will be increased up to 510 people from the current phase, which employs 210 people.
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