Business Update7 Jun 2024, 01:12 am
Andhra Paper Ltd. Receives APPCB Approval for Additional Pulp Capacity of 27,500 TPA
AI Summary
Andhra Paper Ltd. has received approval from the Andhra Pradesh Pollution Control Board (APPCB) for additional pulp capacity of 27,500 TPA. This approval is in line with the Environment Clearance previously approved by the Ministry of Environment & Forest for Climate Change (MOEF). The existing capacity is 2,00,000 TPA and the existing capacity utilization is 95%. The additional capacity is expected to boost PULP production and reduce dependency on imports & recycled pulp. The investment required is part of the capex incurred and approved by the Board in August 2022.
Key Highlights
- Andhra Paper Ltd. receives approval for additional pulp capacity of 27,500 TPA
- Approval is in line with the Environment Clearance previously approved by MOEF
- Existing capacity is 2,00,000 TPA with 95% capacity utilization
- Additional capacity expected to boost PULP production and reduce dependency on imports & recycled pulp
- Investment required is part of the capex incurred and approved by the Board in August 2022