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Aurobindo Pharma to complete Pen-G plant by March 2024

Tuesday, 22 Nov 2022
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Aurobindo Pharma is targeting to complete its Rs 2,000 crore Penicillin G (Pen G) plant in Andhra Pradesh by March 2024. 
The trial or the pilot batches will take place starting October 2023 onwards. 
The overall project of USD 235 million, the major will be to put a de-salination plant, the fermentation process, power blocks, among others and multiple subprojects are being done with purchase orders been issued. 
The material is expected to be received in Q3/FY23 and Q4/FY23 and significant portions of the buildings and blocks have been done. 
Out of Rs 2,000 crore, the company has already spent around Rs 500 crore and Rs 1,500 crore is going to be spent in the coming year. 
The production capacity of the unit will be around 15,000 tonne annually.
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