Adani says Mundra PVC project is 60% complete
In short
Adani Enterprises says its PVC project at Mundra is 60% complete. It has spent ₹16,133 crore so far on the ₹26,000-crore, 2 MTpa project.
This matters because the plant is meant to increase PVC supply in India. The report does not say when the first phase will start or whether costs or timing will change.
What the reporting says
Adani Enterprises has completed 60% of its ₹26,000-crore PVC project at Mundra, with ₹16,133 crore spent so far, according to the publisher summary. The project is described as a 2 MTpa complex nearing first-phase commissioning to boost domestic PVC supply. The reporting does not state a commissioning date or any change to the project timeline.
Why it matters
Adani Enterprises says its ₹26,000-crore PVC project at Mundra is 60% complete, with ₹16,133 crore spent so far, and that the first phase is nearing commissioning. The project is described as a 2 MTpa complex aimed at increasing domestic PVC supply. The reporting does not give a commissioning date or confirm any further milestone.