Latest news with #ZeroLiquidDischarge
The Hindu
2 days ago
- Business
- The Hindu
Chief Minister lays foundation for development projects in Erode district
Chief Minister M.K. Stalin on Wednesday laid the foundation stone for new infrastructure projects worth ₹159.53 crore during a government function held near the Vijayamangalam toll gate in Perundurai, Erode district. A major highlight of the announcements was the establishment of a common effluent treatment plant (CETP) at the Perundurai SIPCOT Industrial Park, at an estimated cost of ₹136.76 crore. The project, to be executed by the Department of Industries, Investment Promotion, and Commerce, will use Zero Liquid Discharge (ZLD) technology and have a capacity to treat 2,000 kilolitres of effluents per day. The plant will be designed, built, operated, and maintained by a private contractor. In the water resource sector, the Lower Bhavani Dam or the Bhavanisagar Dam located in Sathyamangalam taluk will be renovated and upgraded by the Water Resources Department at an estimated cost of ₹19.89 crore. Other projects announced include, creation of rainwater harvesting and irrigation infrastructure in the Thalavadi Hills region, implemented by the Agriculture and Farmers' Welfare Department, at a cost of ₹1.77 crore and construction of two agricultural storage warehouses and six grain drying yards by the Rural Development and Panchayat Raj Department, with an estimated budget of ₹1.10 crore. Officials said the projects aim to boost industrial sustainability, enhance water management, and support rural agricultural infrastructure.
Business Standard
05-06-2025
- Business
- Business Standard
Taylormade Renewables Marks Shift to Infrastructure-Led, Recurring Revenue Model Powered by Patented Clean Technologies
VMPL New Delhi [India], June 5: Ahmedabad based Taylormade Renewables Ltd (BSE: 541228), a leading Indian clean technology company, has announced inauguration of its first Build-Own-Operate (BOO) industrial wastewater treatment plant in Tarapur, Maharashtra scheduled on June 19, 2025. This milestone reflects a deliberate move away from Taylormade Renewables Ltd's(TRL) one-time EPC contracts toward a long-term, annuity-based growth model--anchored in asset ownership, recurring revenue, and scalable impact. Strategically located in one of Maharashtra's largest chemical clusters, the Tarapur facility is engineered to manage complex industrial effluents using TRL's patented TRL RAIN™ technology--a zero-chemical, self-cleaning system designed for high-efficiency Zero Liquid Discharge (ZLD). The plant enables high water recovery, minimal sludge generation, and environmental compliance across industries including chemicals, textiles, and pharmaceuticals. FY25 revenue surged 51.65% YoY to Rs. 71.19 crore; net profit reached Rs. 12.30 croreTransition to Build-Own-Operate (BOO) model positions TRL as an infrastructure-backed clean-tech BOO plant to be inaugurated on June 19, 2025; plant is fully operational following receipt of Consent to Operate (CTO).Facility powered by TRL's patented TRL RAIN™ system for Zero Liquid Discharge (ZLD) in high-effluent expansion underway at Tarapur; new BOO projects fast-tracked in Dahej and Sayakha, Gujarat. With this development, TRL demonstrates its capability not only as a technology provider but also as a long-term infrastructure operator--delivering stable cash flows, scalable impact, and regulatory reliability. Encouraged by early performance, the company has initiated a brownfield expansion at the Tarapur site and is accelerating similar BOO projects in Dahej and Sayakha, Gujarat, slated to become operational in FY26. Dharmendra Sharad Gor, Chairman and Managing Director of Taylormade Renewables Ltd, said, "At Taylormade Renewables, we are building BOO plants throughout Gujarat in the first phase--we are building a future-ready platform for industrial sustainability. Our transition to the Build-Own-Operate model, backed by patented technologies and proven execution, positions us not just as a solutions provider but as a long-term infrastructure partner. We are focused on delivering outcomes that are technologically superior, financially sustainable, and environmentally responsible. With a growing portfolio of BOO projects and deep-rooted innovation capabilities, TRL is structurally positioned for scale--with consistency, credibility, and purpose at every step." TRL commands over 70% of India's solar thermal market, supplying proprietary parabolic solar systems for industrial cooking and heating applications. Its collaboration with Indian Oil Corporation Ltd. (IOCL) remains a national benchmark in public-private clean energy integration, fuelling the Net-Zero Mission. The TRL RAIN™ system is part of a growing patent portfolio that includes three granted and six pending patents. This flagship ZLD technology is supported by TRL RAIN ULTRA™, a high-efficiency solvent recovery solution that achieves 99.98% ethanol recovery in a closed-loop, low-energy format, particularly suited for ethanol, chemical, and pharmaceutical industries. In another landmark innovation, TRL has secured a patent for its sugar juice concentration technology that achieves over 55 brix concentration at low temperatures without chemicals--delivering full ROI in less than a year while significantly reducing energy use and effluent output. FY25 was a milestone year for TRL, as the company reported its first consolidated financial results, including the performance of its subsidiary, Taylormade Enviro Private Limited (TEPL). Total revenue for FY25 was reported at Rs. 71.19 crore, registering a 51.65% Y-o-Y increase. EBITDA stood at Rs. 18.16 crore and net profit rose to Rs. 12.30 crore. The company is also executing a Rs231.50 crore infrastructure project in Andhra Pradesh, with billing expected in upcoming quarters. Looking ahead, TRL is building a nationwide platform of BOO assets, embedding its patented technologies into every facility to ensure high lifecycle value, environmental compliance, and consistent returns. As these assets mature, they are expected to deliver compounding income streams, a strengthened balance sheet, and increased shareholder value.
Fibre2Fashion
05-05-2025
- Business
- Fibre2Fashion
Dhar PM MITRA Park set to boost MP's local cotton consumption
The PM MITRA Park in the Dhar district of Madhya Pradesh will soon begin inviting investors to set up their textile units in the much-touted textile park, as Prime Minister Narendra Modi-led Central Government recently granted formal approval for the project. The PM MITRA Park is expected to create capacity to utilise the cotton produced in the state. Madhya Pradesh is the fifth-largest cotton-growing state in the country. Recently, the state's Chief Minister, Dr Mohan Yadav, announced that Madhya Pradesh has received formal approval for the ₹2,100 crore PM Mega Integrated Textile Region and Apparel (PM MITRA) Park project. He stated that the project will not only redefine the industrial landscape of the state but also elevate India's textile sector on the global stage. Madhya Pradesh's Dhar district will host a ₹2,100 crore PM MITRA Park, formally approved by the Central Government. The park aims to boost the state's textile industry by enhancing cotton utilisation through integrated facilities for spinning, weaving, processing, and garmenting. With ₹10,000 crore in investment proposals already received, operations are expected by late 2026. The Chief Minister further informed that applications for land allocation at the park will be invited soon. Investment proposals worth ₹10,000 crore have already been received, reflecting an enthusiastic response from the industrial sector. The park will feature a 20 MLD Zero Liquid Discharge (ZLD) plant, a solar-powered energy facility, plug-and-play BTS (Built-To-Suit) units, and residential complexes for workers. All construction activities are targeted for completion within 14 months, which means the park is expected to become operational in the last quarter of 2026. The project will be established in Bhainsola village, Badnawar tehsil, in the Dhar district. The location is strategically situated 110 km from Indore, 85 km from the Pithampur industrial cluster, and just 50 km from the Delhi-Mumbai Expressway via Ratlam. The nearest port, Hazira, is 452 km away. The state government has indicated that the park will focus not only on the garment manufacturing industry but also on the upstream textile value chain. Spinning, weaving/knitting, and dyeing and processing activities will help enhance cotton consumption within the state. Madhya Pradesh ranks fifth in cotton production, following Maharashtra, Gujarat, Telangana, and Karnataka. During the current 2024–25 season, cotton production in the state is estimated at 19 lakh bales (of 170 kg each). Interestingly, India's total cotton production is projected to decline to 291.30 lakh bales in the current season from 325 lakh bales in 2023–24. However, Madhya Pradesh's output is expected to remain steady. The state forms part of India's major cotton-producing central zone, along with Maharashtra and Gujarat. Cotton production in the zone may decline to 172 lakh bales this season, compared to 200 lakh bales in the previous season. Industry sources say that the state holds vast potential for yarn and fabric production and processing due to the abundance of natural fibre. Currently, Madhya Pradesh's cotton is partly utilised within the state, while the remaining output is supplied to neighbouring states. Fibre2Fashion News Desk (KUL)
Time of India
25-04-2025
- Business
- Time of India
Madhya Pradesh gets approval for Rs 2,100 crore PM MITRA textile park project
Madhya Pradesh has received formal approval for the ₹2,100 crore PM Mega Integrated Textile Region and Apparel (PM MITRA) Park project. #Pahalgam Terrorist Attack Pakistan suspends Simla pact: What it means & who's affected What is India's defence muscle if it ever has to attack? Can Pakistan afford a full-scale war with India? The project has been sanctioned by the Union Ministry of Textiles and will be the first integrated textile park of its kind in India, CM Mohan Yadav said on Friday. According to CM Yadav, the project would significantly enhance the state's industrial landscape and bolster India's textile sector on the global stage. The park, spanning 2,100 acres, is expected to attract significant investment and create a large number of employment opportunities in Madhya Pradesh. The PM MITRA Park will feature several modern facilities, including a 20 MLD Zero Liquid Discharge (ZLD) plant, a solar-powered energy facility, and plug-and-play Built-To-Suit (BTS) units. Live Events Additionally, residential complexes will be built for workers, ensuring comprehensive infrastructure for the project's workforce. Construction activities for the park are expected to be completed within 14 months. Yadav also announced that applications for land allocation at the park would be invited soon. He noted that investment proposals worth ₹10,000 crore had already been received, indicating strong interest from the industrial sector. "The park will energise the Indian textile industry from Madhya Pradesh and provide employment to lakhs, significantly strengthening the state's economy," Yadav said. The PM MITRA Park will be located in Bhainsola village, Badnawar tehsil, in Dhar district. The location is strategically situated, approximately 110 km from Indore, 85 km from the Pithampur industrial cluster, and 50 km from the Delhi-Mumbai Expressway via Ratlam. The nearest port, Hazira, is 452 km away.
