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)