Granules in green API project
Granules India and Greenko ZeroC have formed a strategic partnership to promote ‘integrated green pharmaceutical zones’. The first part will be a 40-hectare greenfield facility at Kakinada, Andhra Pradesh, for large-scale manufacturing of key starting materials, intermediates, APIs and fermentation-based products, including DCDA, PAP, paracetamol and metformin.
The site will cost about €225 million to build over five years and will be constructed in multiple phases, based on sustainability principles. Greenko ZeroC will supply carbon-free energy and “enable” green hydrogen and other chemical derivatives.