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PFC signs MoA with Assam Petrochemicals Limited for Implementation of 500 TPD Methanol Plant at Namrup

PFC signs MoA with Assam Petrochemicals Limited
PFC & Assam Petrochemicals Limited (APL) signed a loan agreement on  September 4, 2023, for extending a term loan of Rs. 1229 Crore for implementation of 500 Tons Per Day (TPD) Methanol Plant including their 11 MW Captive Power Plant (CPP) at Namrup and 200 TPD Formalin Plant including their Captive 0.90 MW power plant at Boitamari in Assam State at an estimated Project Cost of Rs 1827 Crore. 500 TPD Methanol Plant, including 11 MW CPP, was inaugurated by the Hon’ble Prime Minister of India on 14.04.2023 on completion.

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