Tamil Nadu Newsprint and Papers (TNPL) have proposed to spend Rs 370 crore on three new projects over the next three years. This is in addition to the ongoing Rs 1,000 crore mill expansion plan.
The firm will be setting up a mini cement plant with a capacity of 500 tons per day (tpd) at an investment of Rs 60 crore. This is likely to be completed by June 2011.
Besides, the firm plans to put up a captive de-inking pulp line with a capacity of 300 tpd to produce pulp from waste paper at a capital outlay of Rs 174 crore. The project is likely to be completed by September 2011 for which tender is supposed to be finalized.
It will revamp the steam and power system at a capital outlay of Rs 135 crore. Under this plan, TNPL will replace three numbers of low-pressure boilers of a capacity of 180 ton per hour (tph) with a single high pressure boiler with a capacity of 120 tph and two Turbo Generators (TG) with a capacity of 18.5 mw with a new TG of capacity of40mw.
TNPL is also ramping up the paper production capacity to 4 lakh tons per annum by installing a new paper machine with a capacity of 1.55 lakh tpa under its mill expansion plan. The pulp mill capacity will also be increased to 880 tpd from 720 tpd.
