Textile industry seeks funds for marine discharge project
Tirupur Exporters' Association (TEA) has requested Tamil Nadu Chief Minister M Karunanidhi to help secure funds for executing the Marine Discharge Project, which has been included in the industrial policy unveiled last month.
COIMBATORE: Tirupur Exporters' Association (TEA) has requested Tamil Nadu Chief Minister M Karunanidhi to help secure funds for executing the Marine Discharge Project, which has been included in the industrial policy unveiled last month.
In a memorandum to Karunanidhi, TEA said that exporters have formed a Special Purpose Vehicle, Textile Eco Solution Tamil Nadu Ltd (TEST Ltd), for implementing the project and Tamil Nadu Water Investment Co. Ltd(TWIC), which was entrusted to prepare the project report, has estimated Rs 816.20 crore as the cost.
The pipeline for the project would be laid from Tirupur, right bank of Noyyal River-Karur-Vaiyampathy-Oonaiyur-right bank of Vellar river till it confluences with Palk Bay and the annual operation and maintenance charges were estimated at Rs 2309.42 lakh, TEA president, A Shaktivel, said in the memorandum.
The land fall point, the location of shoreline for disposal into sea would be Munpalai village in Manamelkudi of Pudukkottai district, he said.
Meanwhile, TWIC wanted clarification on meeting the cost of the disposal through tariff and availability of funds either from the State Government or TEST.
Besides, taking measures to allocate funds for the project, which was the only permanent solution for entire textile belt of Tamil Nadu. It was also requested to get 50 per cent of the cost from the Centre, Shaktivel said.
In a memorandum to Karunanidhi, TEA said that exporters have formed a Special Purpose Vehicle, Textile Eco Solution Tamil Nadu Ltd (TEST Ltd), for implementing the project and Tamil Nadu Water Investment Co. Ltd(TWIC), which was entrusted to prepare the project report, has estimated Rs 816.20 crore as the cost.
The pipeline for the project would be laid from Tirupur, right bank of Noyyal River-Karur-Vaiyampathy-Oonaiyur-right bank of Vellar river till it confluences with Palk Bay and the annual operation and maintenance charges were estimated at Rs 2309.42 lakh, TEA president, A Shaktivel, said in the memorandum.
The land fall point, the location of shoreline for disposal into sea would be Munpalai village in Manamelkudi of Pudukkottai district, he said.
Meanwhile, TWIC wanted clarification on meeting the cost of the disposal through tariff and availability of funds either from the State Government or TEST.
Besides, taking measures to allocate funds for the project, which was the only permanent solution for entire textile belt of Tamil Nadu. It was also requested to get 50 per cent of the cost from the Centre, Shaktivel said.
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