Seshasayee Paper Proposes To Undertake Mill Development Plan In Tamil Nadu
Seshasayee Paper and Boards Limited propose to undertake Mill Development Plan -MDP-lll at an estimated cost of Rs. 315 crores at its Unit: Erode.
The Project envisages:
♦ Up-gradation and modernisation of the Paper Machines to increase the Capacity from 1 32 000 tonnes per annum to 1 65 000 tonnes per annum.
♦ Up-gradation and Modernisation of the RDH Pulp Mill to increase the Capacity to 1 54 000 tonnes per annum.
♦ Up-gradation of the Recovery Island and
♦ Augmentation of Waste Water Treatment Plant.
The Project will be taken up in convenient phases and implemented between 9 months and 21 months.
The work on the Project will commence in Q2 of Financial Year 2019-20. Funding of this project will be through Internal accruals and Long Term Loans.