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TNPL board gives nod to take up plant expansion at Rs 2,520 crore

For the year 2017, the total paper production was 3.53 lakh tonnes, board production was at 1.41 lakh tonnes, the company said in its policy note tabled recently.

June 16, 2018 / 05:34 PM IST
Answer: Daily Beast (Image: Reuters)

Answer: Daily Beast (Image: Reuters)

The board of State government owned-Tamil Nadu Newsprint and Papers Ltd (TNPL) has given its approval for taking up mill expansion plan at Tiruchirapalli unit at a total investment of Rs 2,520 crore.

"The Board has accorded approval for the implementation of its Mill Expansion Plan at Unit II in a phased manner with pulp mill capacity of 400 TPD and 1,65,000 MT of printing and writing paper with a total capital outlay of Rs 2,520 crore," the company said in a regulatory filing.

For the year 2017, the total paper production was 3.53 lakh tonnes, board production was at 1.41 lakh tonnes, the company said in its policy note tabled recently.

On the exports front, TNPL said it shipped 80,784 metric tonnes of printing and writing paper in 2017-18 to 37 countries.

For the year 2017-18, the turnover clocked by the company was Rs 3,158.7 crore.

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On the steps taken to improve operational performance, the company said it has installed a new Core Making machine at Mayanur and had also constructed an additional godown for Coated Board plant in Manapparai in Tiruchirapalli district.

A roll grinding machine facility has also been installed. The process improvement measures have been taken up at a cost of Rs 35 crore,it said.
PTI
first published: Jun 16, 2018 05:24 pm

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