Seshasayee Paper will start commercial production of project MDP-IV-P1 by April 26, with a cost of INR 405 crore

Seshasayee Paper will start commercial production of project MDP-IV-P1 by April 26, with a cost of INR 405 crore

-The surplus in-house pulp from Unit Erode can be transferred to Unit: Tirunelveli to replace the costlier pulp
-Increase in Power Generation Capacity from 40 MW to 51 MW (100% of incremental power generation capacity being from Green Energy).
The Pulp and Paper Times:

Seshasayee Paper and Boards Limited (SPB), an Integrated Pulp, Paper and Paper board Mill, and the flagship company belonging to Writing and Printing paper manufacturing in India, has  approved undertaking the Project MDP-IV-P1 at Unit : Erode. 

The board of directors of Seshasayee Paper and Boards Ltd. (SPB) has approved a 20% increase in the production capacities of paper and pulp under the project Mill Development Plan IV, Phase I (MDP-IV-PI) at Erode costing INR 405 crore.

The Board of Directors have approved undertaking the Project MDP-IV-P1 at Unit : Erode with following objectives subject to the approval of MoEF&CC :

-Increase in Paper Production by 12,500 tpa.
-Increase in Pulp Production by 35,000 tpa
-Increase in Black Liquor Dry Solids firing capacity from 950 tpd to 1500 tpd.
-Increase in Power Generation Capacity from 40 MW to 51 MW (100% of incremental power generation capacity being from Green Energy). 
-Improve Environmental performance at Unit: Erode. 
-Enhance Energy efficiency and augmentation of green power

As per the plan, target date of completion of project and commencement of commercial production is April 2026 after starting off in October 2024.

Seshasayee Paper currently consumes costlier Imported deinked pulp / Imported Pulp in its Unit Tirunelveli. The surplus in-house pulp from Unit Erode can be transferred to Unit: Tirunelveli to replace the costlier pulp, thereby improving the EBIDTA Margins of the current operations.

The additional Paper production planned will help the company in increasing its revenue from operations.

Pulp and paper will continue to play a major role in the world. Despite the changes that have occurred because of technological advancements, this is an industry that has thrived and will continue to do so in future. In fact, the digital revolution of recent years has led to an expansion in the pulp and paper industry. As the world continues to evolve, so will the industry.
 

Web Title: Seshasayee Paper will start commercial production of project MDP-IV-P1 by April 26, with a cost of INR 405 crore