Stallion India Secures Green Clearance for ₹200 Cr R-32 Refrigerant Plant in Rajasthan
Stallion India Secures Green Clearance for ₹200 Cr R-32 Refrigerant Plant in Rajasthan

Stallion India Secures Green Clearance for ₹200 Cr R-32 Refrigerant Plant in Rajasthan.

Table of Contents

In a landmark move for India’s climate-conscious industrial sector Stallion India Fluorochemicals Limited (SIFL) has secured environmental clearance for its high-tech R-32 (Difluoromethane) manufacturing plant in Bhilwara, Rajasthan.

This milestone, finalized in late December 2025, marks the company’s aggressive pivot toward backward integration shifting from a distributor and blender to a primary manufacturer of critical refrigerant gases.


Strategic Powerhouse: The Bhilwara Facility

The new plant is strategically located in the RIICO Industrial Area, Ukhaliya (Bhilwara). By producing R-32 locally, Stallion India is directly supporting the “Make in India” initiative and reducing the nation’s reliance on imported base molecules for air conditioning and refrigeration.

  • Investment Scale: Approximately ₹200 crore.
  • Production Capacity: 10,000 MT per annum of R-32 refrigerant.
  • Revenue Potential: The facility is projected to generate roughly ₹500 crore in annual revenue once fully operational.
  • By-Product Integration: The plant will also produce 46,460 MTPA of Hydrochloric Acid (30%), creating a secondary revenue stream and maximizing resource efficiency.

Why R-32 Matters: The Green Shift

The global HVAC (Heating, Ventilation, and Air Conditioning) industry is rapidly phasing out older refrigerants like R-410A in favor of R-32.

  1. Lower GWP: R-32 has a Global Warming Potential that is one-third that of conventional R-410A.
  2. Energy Efficiency: It requires a smaller refrigerant charge and allows for more compact, energy-efficient cooling units.
  3. HFO Blending: R-32 is a critical base component for next-generation HFO (Hydrofluoroolefin) blends, which are essential for meeting upcoming international environmental quotas.

Project Timeline & Economic Impact

Following the Bhoomi Pooja in October 2025, construction is currently in full swing at the Bhilwara site.

MilestoneTarget / Status
Land AllotmentCompleted (August 2025)
Construction StartNovember 1, 2025
Environmental ClearanceReceived (December 28, 2025)
Operational CommencementExpected Mid-2026
Employment Generation~30 Direct jobs + substantial indirect regional growth

The Leadership Vision

Under the guidance of Mr. Shazad Sheriar Rustomji, Chairman & CEO, Stallion India has evolved from its 2002 roots into a specialized leader in industrial gases. This Rajasthan expansion is the jewel in their crown, positioning them to serve major OEMs like Daikin, BlueStar, and Voltas with indigenously produced high-purity gases.

“The Bhilwara facility represents our long-term vision of self-reliance… providing strategic control over key raw materials.” — Shazad Rustomji