Pakka Limited Scales Up Jagriti Project to ₹744 Crore

Pakka Limited has expanded the scope of its Jagriti Project, with the ongoing capital expenditure programme at its Ayodhya facility now revised to ₹744 crore.

The increase from earlier estimates has been attributed to technical design modifications, foreign exchange fluctuations, and a four-month delay in execution. The project is a composite initiative focused on capacity expansion and backward integration across its manufacturing operations.

Key components include the installation of a new 100 TPD paper machine (PM-4), upgradation of PM-3 to increase capacity from 70 TPD to 80 TPD, and modernisation of the pulp mill from 130 TPD to 180 TPD. The plan also includes a 15 MW captive power plant, a chemical recovery system, and an upgraded effluent treatment facility.

The investment is being executed in three phases, with Phase I upgrades largely completed. Phase II, involving commissioning of PM-4, is targeted for December 2026, while full commercial operations are expected to commence from 1 January 2027. The project is being partially funded through a ₹129.91 crore preferential issue.

News by Rahul Yelligetti.