R. Vimal Kumar

Tirupur: The knitwear exporters here are a cheered lot following the allocation of Rs. 200 crore for implementing Marine Discharge Project (MDP) in the State, in the 13th Finance Commission (2010-15) report published a few days ago.

The MDP is seen by the apparel manufacturers as the permanent solution for discharging the treated dye effluents generated in the manufacturing process.

Tirupur Exporters Association president A Sakthivel said that the Association had forwarded a request to Chief Minister M. Karunanidhi to sanction a matching grant of Rs. 200 crore towards the project and also sought his help to expedite the commencement of Rapid Environmental Impact Assessment Studies (REIAS) for the project.

Industry sources told The Hindu that REIAS would be carried out at a cost of Rs. 5 crore by the Department of Science and Technology, Government of India.

SPV formed

A Special Purpose Vehicle (SPV), named Textile Eco Solutions Tamil Nadu Limited (TEST), had been formed by the industrial units of Tirupur, Perundurai and Erode for implementing the MDP on a public-private partnership (PPP) mode even before the allocation of the funds this year.

The TEST with Mr. Sakthivel as its chairman and industrialists P. Vidya Prakash, N. Palanisamy, S. Samiappan, S. Selvakumar and K. Krishnan as directors, had been registered as a company.