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    TN Guidance Cell Proposal

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    Atthippattu Srinivasan Muralitharan
    The company plans to invest 500 crores over 6 years to establish a manufacturing facility for lithium-ion cells and battery packs for EVs in Tamil Nadu. It will create direct employment of 200 permanent and 100 contract jobs. The company has signed an MOU with a Korean partner for investment, technology, and machinery. It proposes locating in Cheyyar, Tiruvannamalai district on 20 acres of land. The first phase investment will be 50 crores creating 50 jobs over 1 year, and the second phase 450 crores creating 250 jobs over the remaining 5 years.

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    TN Guidance Cell Proposal

    Uploaded by

    Atthippattu Srinivasan Muralitharan
    45 views7 pages
    The company plans to invest 500 crores over 6 years to establish a manufacturing facility for lithium-ion cells and battery packs for EVs in Tamil Nadu. It will create direct employment of 200 permanent and 100 contract jobs. The company has signed an MOU with a Korean partner for investment, technology, and machinery. It proposes locating in Cheyyar, Tiruvannamalai district on 20 acres of land. The first phase investment will be 50 crores creating 50 jobs over 1 year, and the second phase 450 crores creating 250 jobs over the remaining 5 years.

    Original Title

    TN GUIDANCE CELL PROPOSAL

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    The company plans to invest 500 crores over 6 years to establish a manufacturing facility for lithium-ion cells and battery packs for EVs in Tamil Nadu. It will create direct employment of 200 permanent and 100 contract jobs. The company has signed an MOU with a Korean partner for investment, technology, and machinery. It proposes locating in Cheyyar, Tiruvannamalai district on 20 acres of land. The first phase investment will be 50 crores creating 50 jobs over 1 year, and the second phase 450 crores creating 250 jobs over the remaining 5 years.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    45 views7 pages

    TN Guidance Cell Proposal

    Uploaded by

    Atthippattu Srinivasan Muralitharan
    The company plans to invest 500 crores over 6 years to establish a manufacturing facility for lithium-ion cells and battery packs for EVs in Tamil Nadu. It will create direct employment of 200 permanent and 100 contract jobs. The company has signed an MOU with a Korean partner for investment, technology, and machinery. It proposes locating in Cheyyar, Tiruvannamalai district on 20 acres of land. The first phase investment will be 50 crores creating 50 jobs over 1 year, and the second phase 450 crores creating 250 jobs over the remaining 5 years.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 7

    M/S BPL-FTA ENERGIES PVT LTD GROUP

    About the Company


    M/s BPL-FTA ENERGIES PVT LTD, incorporated in 2007 (CIN:
    U40106TN2007PTC062247). The company is engaged in the business of
    manufacturing Alkaline Batteries. It had a manufacturing facility in
    Dobbespet, Karnataka.
    Shareholder Details

    # Name Address/Country %
    1 VIKASH CHANDRA INDIA 50
    2 AJIT NAMBIAR INDIA 50

    Proposal of the Company


    The company plans to establish a manufacturing facility for LITHIUM-
    ION CELLS & BATTERY PACKS FOR EVs in
    Chennai/Kancheepuram/Tiruvallur/Tiruvannamalai Districts, Tamilnadu
    with a proposed investment of Rs. 500 crores over 6 years from
    01.01.2021 – 31.12.2026, creating direct employment of 200 permanent
    jobs and 100 contract jobs. We have signed a JV MOU with the AHGK
    Group, Korea and they will bring in investment as well as Technology and
    machinery for the project. A new Company would be formed for the
    purpose.
    The TN Guidance Bureau has been extremely helpful in highlighting the
    locational advantages of Tamilnadu, incentives offered and also
    availability of suitable land.
    Location (Proposed)

    Area
    Village Taluk Location District Category
    (acres)
    TIRUVA 20
    CHEYYAR
    SIPCOT NNAMAL
    Or Similar
    AI

    Investment Commitment

    Phase Investment Employment Investment Period


    s (Rs, Crores) (Persons)
    I 50 50 Start Date - End Date
    (01/01/2021) 1 year
    II 450 250 Start Date - End Date
    01.01.2023 – 31.12.2026
    (DD.MM.YYYY) 4 years
    Total 500 300
    Previous MoU/GO (if any) NONE

    Obliga Investment Employ


    MoU GO tion Remarks
    (Rs. crore) ment
    Period

    I G.O (Ms). __
    GIM 2015 MoU/
    No __ Years
    Facilitation
    Industries
    MoU/SPA MoU/
    (MI_)
    Eligibility
    Department
    Certificate
    dated
    Issued/Extension/
    DD.MM.YYY
    Amendment
    Y
    II

    Total

    Structured Package (if any)


    ● Investment Category
    ● Investment Promotion Subsidy
    ● Other Incentives
    Key Timelines (Applicable for Amendments/Extensions Only)

    Date of MoU/GO JULY 2020


    Investment Period Start Date as per MoU/GO JANUARY 2021
    TNPCB CTE MARCH 2021
    Date of Purchase of Land OR Da JANUARY 2021
    te of Application for Land Allotment (SIPCOT)
    Date of Land Allotment (SIPCOT) JANUARY 2021
    Date of Commercial Production APRIL 2021
    Investment Plan
    The investment plan is provided below:
    Investment
    20 20 20 20 20 20
    Total
    19 20 21 22 23 24 (Rs,
    Description
    - - - - - - Crore
    s)
    20 21 22 23 24 25
    Land 6 6
    Land Development 1 4 1
    Building 3 10 13
    Plant & Machinery 30 5 200 235
    Tools, Jigs, Dies & Moulds 1 1 5 7
    Computer Equipment 0.5 0.5 1 2
    Material handling
    1 1 5 7
    Equipment (like forklifts, cranes)
    Total 10 33 7 225 275

    Employment
    2 2 2 2
    Tota
    0 0 20 0 0
    202 l
    1 2 21 2 2
    Employment 4- (per
    9- 0- - 2- 3-
    25 sons
    2 2 22 2 2
    )
    0 1 3 4
    Direct 50 60 70 150
    Direct - Permanent 40 45 50 100
    Direct - Contract 10 15 20 50
    Indirect
    Total 50 60 70 150

    Source of Funds
    Phase Share Capital Internal Generation Term Loan
    (Rs, Crores) (Rs, Crores) (Rs, Crores)
    I 20 30
    II 50 100 300
    Total 70 100 330

    Sales, Mkt Share, SGST Projections


    Tota
    201 202 202 202 202 202
    l
    9- 0- 1- 2- 3- 4-
    20 21 22 23 24 25

    Sales (Rs, 100 125 150 300 675


    Crores)
    Sales in TN 20 25 30 40
    (%)
    GST Rate (%) 12 12 12 12
    Input SGST 4 5 6 12
    (Rs, Crores)
    Output SGST 6 7.5 9 18
    (Rs, Crores)
    Net SGST (Rs, 2 2.5 3 6
    Crores)
    (Please add more columns for projections for 10 years)
    Energy Consumption
    TANGEDCO : 600 – 2000 KWh per year
    Captive Generation : 60- 200 KWh per year
    Water Requirement
    Industrial Use : 100 - 300 Kilo Litres per day
    Present Request by Company
    - FREE/SUBSIDIZED LAND
    - STAMP DUTY WAIVER
    - CAPITAL SUBSIDY
    - CONCESSIONAL POWER
    - GST WAIVER
    - EPF/ESI CONTRIBUTION
    - LOGISTICS SUPPORT
    - CONCESSIONAL INTEREST ON TERM LOAN
    Proposal Before IDC

    S.N Request by Company Remarks Decision of


    o IDC
    1 The company is As per TN__ Policy 20__,
    planning to invest of the project qualifies as
    Rs. ___ crores in ___ “___” category project in
    (location)___ and “__” category District based
    creating employment on investment commitment
    for ____ persons in of Rs. ____ crores in Eligible
    ___ years. Fixed Assets and direct
    employment commitment of
    ___ jobs (____ permanent
    jobs and ____ contract
    jobs).
    2 Investment Precedence so far of IDCs
    Promotion Subsidy/ of 2019
    SGST [Special Capital Subsidy]
    Reimbursement/
    M/s PQR (Investment – Rs.
    Special Capital
    Subsidy ____ cr., Employment –
    ____, Inv. Period - __
    years): Special Capital
    Subsidy - __% of EFA over
    __ years
    The company will not be
    eligible for standard capital
    subsidy as per TNIP 2014.
    OR
    [SGST Reimbursement –
    Only for Automobile OEMs]
    M/s STU (Investment – Rs.
    ____ cr., Employment –
    ____, Inv. Period - __
    years): SGST
    Reimbursement - 100%
    Gross SGST reimbursement
    for a period of __ years for
    vehicles manufactured, sold
    and registered in Tamil
    Nadu subject to a ceiling of
    ___% of Eligible Fixed
    Assets.
    3 Training Subsidy Applicable as per TNIP 2014
    on a case to case basis
    (Clause 7.1.4).
    Precedence so far of IDCs
    of 2019
    Training Subsidy of Rs.
    4000 per employee per
    month for 6 months for
    new recruits from Tamil
    Nadu.
    - M/s PQR
    - M/s STU
    # Other requests as per As per TN__ Policy 20__, …
    Policy (cite and state Clause as
    applicable to the request)…
    Add precendents, if
    applicable
    # Other requests not as No provision as per TN__
    per Policy Policy 20__.
    Add precedents, if applicable
    # All other incentives Can be provided subject to
    including eligibility
    uninterrupted power
    supply,
    Environmental
    Protection Subsidy,
    facilitation as per
    TNIP 2014.
    Covering Letter for Proposal
    DD.MM.YYYY

    Letter No. IF/IDC/__/2019-_


    Dr. Neeraj Mittal IAS

    MD& CEO, Guidance

    To

    Principal Secretary to Government,

    Industries Department

    Sir,

    Sub Proposal of M/s ______ for Inter Departmental Committee


    Ref 1. Letter No. ______ dated DD.MM.YYYY

    M/s ____________ vide their letter mentioned in reference first


    read above, has requested for a structured package of assistance as per
    TN__ 20__. Herewith enclosing the proposal of Guidance Bureau in this
    regard for placing before IDC.

    Yours sincerely

    Managing Director

    Guidance

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