BRIEF SUMMARY OF PROJECT
Î Project Title : INTEGRATED 36000 TPA HIGH TITANIUM SLAG, 20000 TPA PIG IRON, 30000 TPA TITANIUM DIOXIDE PIGMENT PLANT
Î Owner : SARAF AGENCIES PVT LTD
Î Project Location : Chhatrapur, Dist. Ganjam, Odisha
- Nearest Rail Station : Chhatrapur (5 Km) - Nearest Highway NH-16 (0.6 Km) - Nearest Town : Chhatrapur (4 Km) - Nearest Port : Paradeep : 260 Km. Vizag : 250 Km. Gopalpur Port –under construction (12 Km) - Nearest Airport : Bhubaneswar : 150 Km. - Survey of India Map : 74 A/15 & 74 E/3
Î Capacity of Plant : 36000 TPA Titanium Slag, 20000 TPA Pig Iron, 30000 TPA Titanium Dioxide (both Anatase & Rutile Grade)
Î Technology Source/know- : CHINA how for Titanium Project : HPWY (CHINA) for Titanium Slag Plant : Chong Qung Chemical Engineering Design and Research Institute (CCDRI) will supply Process Technology, Basic & Detailed Engineering for Titanium Dioxide Plant.
Î Market : Domestic Demand of Pigment: Around 2,00,000 TPA : Present production level : 50,000-60,000TPA : Short fall : Around 1,50,000 TPA
Î Land Requirement : 39 Acres required for Titanium Slag plant, 30 Acres for Titanium Dioxide plant, within the existing land of 260 Acres
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Î Water Requirement : Around 7,700 M3/day [800 M3/day for Titanium slag plant from ground water. 6900 M3/day for Titanium Dioxide plant] Water shall be sourced from Rushikulya River.
Î Power Requirement : Around 23MVA [16MVA for slag plant, 7 MVA for dioxide]
Î Man Power Requirement : Total 946 [356 for Ti Slag 590 for TiO2]
Î Total Cost : Rs. 779.5 Crore
Î Debt : Equity Ratio : 2:1
- Debt : Rs. 518.57 Crore (from Banks / Financial Institutions including L/C Facility for import of Machineries )
- Equity : Rs. 260.93 Crore
Î Interest Rate : 14%
Î Tenure (Term loan) : 12 months moratorium
: 84 monthly installments after moratorium period
Î Working Capital : Around Rs 106.38 Crore cash. Credit facility against raw material, finished goods, spare parts etc. & outstanding dues from customers. : Around Rs. 72.19 Crore Bank guarantee / L.C facility for import of consumables. Î Financial Results : - IRR : 22.64% - Break even point : 60.41% - Cash Break even point : 50.27%
Î Project Completion Time : 24 months
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Î Present Status : SARAF has peaceful possession of 260 acre land in Chhatrapur in Ganjam District. : SARAF has SEZ approval for setting up Titanium Complex manufacturing various titanium products. : SARAF has already applied for statutory clearances / approvals from Pollution Control Board and environment department. : SARAF has obtained approval for supply of water and power. : High Titanium Slag will be used as feedstock for Pigment Plant.
Î Special Highlight of the : Eco friendly Plant Project
: Waste Acid treatment facility Comprising both concentration and gypsum conversion facilities (to be used in Cement factory)
: SARAF will manufacture Zirconium coated TiO2 Pigment for first time in India.
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