Saturday, 25 October 2014

Power, water restored to Vizag pharma city units

Power has been restored to almost all the units in the Jawahar Pharma City at Parawada in Visakhapatnam district by Saturday and the units are making all preparations to resume production after the damage wrought by Hudhud cyclone.
Dr. P.P Lal Krishna, the head of operations, Ramky Pharma City (India) Ltd, said here on Saturday that at present 54 units were functioning in the pharma city including major ones such as Eisai Pharma, Hospital and Mylan. "Power has been restored to all the units except one or two due to some technical problems and normalcy has been restored. We are also receiving the required quantum of water for the units. The common facilities such as the effluent treatment plant are back to normal. It is for the units to revive production and it may take a few days," he said.
Even though the damage to each unit is yet to be enumerated, apart from the production loss, the total loss to the pharma city may roughly be Rs 500 crore or so, according to industry sources.