The Tamil Nadu Government has sanctioned Rs 200 crore to Tirupur dyeing industry, which was on the verge of closure due to severe financial crisis, arising out of their huge investments in the first ever Zero Liquid Discharge (ZLD) projects in the country.
The State Government responding to the recommendation of the Ministry of Textiles sanctioned this amount for the 18 common effluent treatment plants (CETPs) as an interest-free loan to be converted into grant, based on the performance of the CETPs.
The move will help ailing CETPs and 450 dyeing units to recover from the financial crisis and help them to complete the project to achieve 100 per cent capacity utilisation, it added.
More than 450 dyeing units in Tirupur have collectively set up 18 ZLD-enabled CETPs with a total cost of Rs 1,013 crore.