A top official said that Hatsun Agro Products Limited (HAPL), a dairy products manufacturer, is planning to set up two dairies in the eastern region.
H. Ramachandran, CFO said, “Today, our board has approved the setting up of two dairy plants.”
“Details like plant size, total investment and their execution time will be announced in a month’s time. We have to get a large tract of land at these places to set up plants.
In 5,317-crore firm has strong presence in South and Maharashtra.
“The new dairies are expected to come to the north of Andhra Pradesh and Odisha at a distance of about 150 km. With this, we will be able to serve the eastern region up to Kolkata.
The board of HAPL also approved the signing of a share purchase agreement with solar energy company Sweetlet Sun Energy Private Limited. Limited
The two companies will set up a 16 MW solar power project.
“Basically, the agreement is for the purchase of solar power for captive use in Tamil Nadu,” he said.
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