Deepak Nitrite Ltd said that its material wholly owned subsidiary Deepak Chem Tech Ltd, has commissioned manufacturing operations at its chlorination and specialty chemicals plant in Dahej, Bharuch, Gujarat.
The company said the plant, along with its utilities and infrastructure, commenced manufacturing operations. The total capital expenditure incurred for the project was approximately Rs 300 crore as of the commencement of manufacturing operations.
Managing Director Maulik Mehta said the company had secured raw material availability well in advance, allowing it to operate plants at or above design capacity after suppliers declared force majeure in the April-June 2026 quarter.
Mehta also said the company’s Rs 11,000 crore capex programme remains on track, with all major projects expected to be online by the second half of 2028-29 (FY29). He said the current decline in return on capital employed (RoCE) reflects ongoing investments and reiterated the company’s target of achieving RoCE above 20% once the new assets are commissioned and ramped up.
