The tissue papers unit of Sunshine Papers is on hold, as confirmed with Projects Today. Work on the project commenced in 2016, but could not make much progress. The project was to be completed by May 2018.
As per the latest information with Projects Today, around 30 percent work on the project was completed by 2016. Financial issues have been sighted by the promoter as one of the prime reasons for the delay in setting up the project.
Sunshine Papers has acquired land and received all the required statutory approvals for the project. The promoter is now confident of re-commencing execution work by November 2018.
The new unit with a capacity of 15,000 tpa will be located at Donthamuru village, Balabadrapuram-Rajanagaram Road, Rangampeta mandal in East Godavari district of Andhra Pradesh. The paper mill will be spread over 29 acre of land.
Epico Company, Andhra Pradesh, is the detailed project report (DPR) consultant and machinery supplier is from Czech Republic, Europe.