PESL – Granite Manufacturing Facility – Telangana - Project Profile
"PESL – Granite Manufacturing Facility – Telangana - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Pokarna Engineered Stone Limited (PESL), the wholly owned subsidiary of Pokarna Limited is planning to build a granite manufacturing facility in Telangana, India.
The project involves the construction of a 4,645m2 granite manufacturing facility. It includes the construction of processing units, a warehouse, an administrative facility and a supply unit, and the installation of related machinery and equipment.
PESL will finance this capacity expansion through a mix of internal accruals of US $11 million and US$37 million loans; however, PESL has secured sanction from its lead banker for the term loan of a US$37 million.
As of July 2017, planning activities are underway.
Construction is scheduled to be completed by June 2018.
The project involves the construction of a 4,645m2 of granite manufacturing facility in Telangana, India.
The US$48 million project includes the following:
1. Construction of processing units
2. Construction of a warehouse
3. Construction of an administrative facility
4. Construction of a supply unit
5. Installation of related machinery and equipment
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