Yash Pakka stock gains over 1% on announcement of expansion at Ayodhya facility

12 Jul 2022 , 01:52 PM

Yash Pakka Limited has awarded contract for conducting Basic Engineering study for Integrated Brownfield Expansion Project at their Ayodhya Facility to AFRY. AFRY is the top Integrated Project Consulting in the world for Pulp & Paper industry.

The framework of the Project is given below:

• Specialty Paper Machine of 100 MT per day to lead towards flexible packaging with furnish, utilising max strength of Agro residue bagasse;
• Biofuel based 10 MW of Cogen plant;
• Pulp capacity enhancement by augmentation of Pulp Mill by another 75% (Environmentally Friendly Pulp backed by enhancing equivalent capacity of Recovery Island);
• Support infrastructure in line with increased output of Pulp and Paper Machine.

At around 1:51 PM, Yash Pakka was trading at Rs96.50 per share higher by 1.31% on the BSE.