TNPL to increase pulp production capacity

Tamil Nadu Newsprint & Papers Ltd (TNPL) has announced about the future business plans.

The Mill Development Plan (MDP) envisaging increase in pulp production capacity from 520 tpd to 800 tpd with Elemental Chlorine Free (ECF) Bleaching at a capital outlay of Rs 565 Crore will be completed in all respects by August 2007. This will enable the Company to increase the paper production to 2,45,000 Mts per annum.

The second phase of MDP for increasing the paper production capacity from 2,45,000 tpa to 3,65,000 tpa will be taken up during the current year and implemented by end of September 2009.

During the year, the Company has installed 6 Nos. of Wind Electric Power Generators with a capacity of 1.25 MW each, in Tirunelveli District at a total cost of Rs 40 Crore. With this, the wind farm capacity has increased to 35.5 MW.

During the year, the Company has raised pulp wood plantation in 10,013 acres (as against 9,268 acres in the previous two years) through Farm Forestry and Captive Plantation programmes. 2107 farmers in fifteen districts have participated in the plantation programme.

The Company achieved Zero Stock of finished goods (NP & PWP) as on March 31, 2007. This is the 16th year in which the Company has achieved Zero Stock at the end of the financial year.

The Company is taking steps to install a 400 tpd mini cement plant using the lime sludge generated from the paper mill as the raw material.

Source : Equity Bulls

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