Ballarpur Industries to Increase Paper Capacity in India
Oct. 2, 2006 - Ballarpur Industries Ltd (BILT) and the Maharashtra Government in India have signed a memorandum of understanding for a capacity expansion project at the company's paper mill at Bhigwan in Pune, India.
The proposed two-phase capacity expansion will cost Rs 1,200 crore. The plant produces coated and uncoated papers.
In the first phase of the project, which is slated for completion by 2008, will add 100,400 tons per year to the mill's current capacity. The second phase, to come on-line after 2008, would boost production capacity another 100,600 tons per year.
Anil Bhargava, CEO of BILT Power Ltd, said that the company would also build a 100 MW power plant at Bhigwan for additional power needs. The fuel would be coal-sourced from the Indian and the Indonesian market.
The Bhigwan mill is located in Bhigwan, Maharashtra, India and produces 115,000 tons per year of coated and uncoated papers.
Ballarpur Industries Ltd. is India's largest manufacturer and exporter of paper. The company's products include: Printing & Writing Papers, Industrial Paper and Specialty Paper.
SOURCE: Hindu Business Line