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Pratibha Syntex to expand capacity

Monday, 22 May 2006
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Pratibha Syntex plans to increase the capacity of its terry towel, spinning and knitting unit at Pithampur near Indore in Madhya Pradesh.

The project, to be implemented in phases, will entail investment of Rs.349 crore. Out of the total project cost, around Rs.233 crore will be sourced through term loans and the remaining Rs.116 crore will come from equity and internal accruals. The details are as follows:

Product Capacity
(tpa)
Cost
(Rs. crore)
Terry Towel 12,000 217
Knittiing 5,783 --
Open-end spinning 12,376 54.51

The company also plans to set up a 6 MW captive power plant to meet the requirements of the existing and proposed facilities of the company to be installed in the existing premises with an investment of Rs.18.01 crore.

Also See:

Pratibha Syntex plans capacity expansion (04-Feb-06)

 

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