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EPC Contract : |
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EPC under finalisation with European leading Equipment Supplier.
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Project Support |
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SPB-PC - Assist Poyry with focus on domestic
expertise on mill site, cost levels, etc.
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SBI Capital Market Pvt Ltd, India - Appraised the
project as financially viable
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Tata Consulting Engineers - Project Consultancy
including 'Detailed Engineering & Project
Management‘
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Ramky Environmental Consultants - Environmental
Consultancy.
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Approximate
Project Cost & Funding Information |
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Sl..No. |
Particulars |
Amount in US$M(US Dollars in Millions) |
1 |
Land &
Site Development |
6.84
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2 |
Building & Civil Works |
28.31 |
3 |
Plant
& Machinery |
196.07
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4 |
Engineering services |
34.68
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5 |
Misc
fixed assets |
26.59
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6 |
Contingency |
29.25
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Total Hard Cost |
321.73 |
7 |
Interest During Construction |
- |
8 |
Preliminary & Issue expenses |
7.69
|
9 |
Pre-operative expenses |
4.83
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10 |
Working Capital |
28.74
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Total Soft Cost |
41.25 |
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Total Project Cost |
362.99 |
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Present Status |
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Sl.No. |
Activity |
Status |
1 |
1st
Phase Acquisition of 271 Acres of Land |
Completed |
2 |
Land
development - 250 acres of Land Filling & Leveling |
Completed |
3 |
Two
Water Reservoirs of capacity 40 MGD |
Completed |
4 |
Construction of Power- Service lines up to Project
site |
Completed |
5 |
Construction of Water- Pipelines from River Godavari
to Project site |
Completed |
6 |
Site
Office, Workmen Mess and Hostel Accommodation at
Project Site |
Completed |
7 |
Project Feasibility Study by Poyry, Australia an
authority in global forestry industry |
Completed |
8 |
Project Appraisal by SBI Caps, India |
Completed |
9 |
Agreement with Elof-Hansson, Sweden for supply of
Primary & Secondary Fiber |
Completed |
10 |
Agreement with Elof-Hansson, Sweden for Marketing up
to 60% of the finished product |
Completed |
11 |
Appointment of Tata Consulting Engineers (TCE) for
Detailed Engineering and Project Management
Services. |
Completed |
12 |
Finalization of Machine Specifications with World
leading Machinery Suppliers |
Completed |
13 |
Environmental Study by Ramky and Pollution Control
Boards’ approvals by Government of India
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Completed |
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Current Status |
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- 300 acres
is paid for & possessed
- Site
leveling and filling work on 203.35 acres completed. Site
office, Workmen Mess/Hostels built; additional facilities
under construction.
- Temporary
approach road constructed for heavy vehicular movement
- Two
offices in Kovvur and Hyderabad established and required
people already employed.
- Temporary
power connection taken for construction work.
- Permission
received for drawing 26 MGD of water from Godavari River and
laying of the pipeline for pumping of the water from
Godavari River is completed.
- Natural
Water Reservoir built for facilitating construction.
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Tentative Time frame for Project Implementation |
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Sl.No. |
Activity |
Date of Commencement |
Expected Date of Completion |
1 |
Acquisition of Land |
|
Completed |
2 |
Land Development |
July’ 06 |
Completed |
3 |
Building construction |
May, 2017 |
June, 2018 |
4 |
Machinery Indent |
June, 2017 |
July, 2017 |
5 |
Machinery Delivery
& Errection |
Sep, 2017 |
Mar, 2019 |
6 |
Arrangement for Power |
Sep’ 07 |
Completed |
7 |
Arrangement for Water |
Oct’ 07 |
Completed |
8 |
Recruitment of manpower |
May, 2017 |
Dec, 2017 |
9 |
Raw Material Purchase |
Jan, 2019 |
Feb. 2019 |
10 |
Trial Production |
Mar, 2019 |
Apr, 2019 |
11 |
Commercial Production |
May, 2019 |
Aug, 2019 |
12 |
Release of first batch of finished goods |
Aug, 2019 |
Aug, 2019 |
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