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Gautam Adani to foray into petrochemicals with Rs 16,000 crore plant in JV with BASF

Updated : January 18, 2019 06:58 AM IST

Besides investing in the chemical factory, BASF will also invest in wind and solar power plant at the site to meet the electricity requirement of the unit, the two companies said in a statement.
BASF will hold a majority controlling stake in the new venture. It will, however, hold a minority interest in the power venture.
Gautam Adani to foray into petrochemicals with Rs 16,000 crore plant in JV with BASF

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