Company Identity
| Company | Fluxara Advanced Renewables & Applications Pvt Ltd |
| CIN | U35106TS2026PTC210706 |
| DPIIT | 246192 — Deep-tech Startup recognised |
| Promoter via | M/S Surya Industries |
| Product | Precipitated Silica (PS) + Nano-PCC Circular Biorefinery |
| Location | Kothakota, Wanaparthy, Telangana (site under acquisition) |
| DPR version | v17 — 20 TPD PS + 30 TPD PCC · Sept 2026 |
| Status | Pre-financial close · Site acquisition in progress |
Financials (DPR v17 Locked)
| TPC | ₹21 Cr (±10% pending RFQs) |
| Debt | ₹13.65 Cr (65%) @ 10.5% |
| Equity | ₹6.70 Cr (35%) |
| Annual DS (Y2+) | ₹2.93 Cr/yr (7-yr tenure) |
| Moratorium target | 18 months |
| Y1 EBITDA (export) | ₹6.2 Cr (positive — no bridge needed) |
| Y1 DSCR | 4.3× (above 1.25× covenant) |
| Break-even utilisation | ~33% at export prices |
Site (Kothakota)
| Area | 12 acres @ ₹30L/acre = ₹3.60 Cr total |
| Road frontage | 1,300 ft — 3 truck bays simultaneously ✓ |
| NH access | 2.5 km from NH-44 ✓ |
| Water | Paddy growing belt — high water table ✓ |
| DISCOM | TSSPDCL 500 kW feasibility letter PENDING |
| Commute from Hyd | ~130 km · 3–3.5 hr one way → fortnightly visit model |
| Expansion | ~9 acres reserved for Phase 2 + 1 MW solar |
| Accommodation | ₹44L captive (PM house + 4 staff quarters + canteen) |
Promoter Role (Stabilised Operations)
| YOURS | Customer relationships · institutional ToA negotiation · exports & LC management · R&D direction · capital allocation · all regulatory signing authority |
| DELEGATE | Day-to-day ops → Plant Manager · Equipment maintenance → AMC · ETP/ZLD → Thermax AMC · QC/testing → QC tech + NABL lab · TSPCB submissions → PM · Labour → contract firm |
| ADVISORY | CSIR-IICT (process optimisation quarterly) · IIT Hyderabad (process research) · NITW (internship pipeline) · Commissioning consultant (Month 0–6 only) |
Phase Timeline Overview
Hover over phase bar for details
Key dates:
Month 0: Financial close (target Q1 2027)
Month 10: FSSAI application filed
Month 12: First invoice
Month 18: HDS qualification target
Month 30: FSSAI E551 certified (dental)
This log captures every major decision made on this project with rationale. Decisions are permanent — add new rows below. Never delete prior decisions.
| Date | Decision | Rationale | Alternatives rejected | Status |
|---|---|---|---|---|
| Sep 2026 | Product: Precipitated Silica + Nano-PCC (not battery carbon) | Better domestic + export market. No IP barriers. PCC is obligatory co-product of NaOH recovery — makes both simultaneously. Battery carbon had no viable domestic buyer pipeline. | Battery hard carbon (rejected: high capex, no domestic market, import competition from Japan) | LOCKED |
| Sep 2026 | v17: Hybrid RHA model at 20 TPD PS — 19.4 MT purchased + 3.6 MT bonus RHA = 23 MT/day | 23 MT/day total RHA from Day 1. 19.4 MT purchased + 3.6 MT free from combustion → 20 MT/day PS + 30 MT/day PCC. Phase 1B concept eliminated — full capacity from Day 1. | v16 13 TPD PS with Phase 1B at M18 (rejected: only ₹2 Cr more capex at v17 = ₹25+ Cr/yr more EBITDA; no reason to stage) | LOCKED |
| Sep 2026 | MVR evaporator mandatory from Day 1 | Without MVR: 25.6 GJ/day thermal deficit — plant literally cannot run at design throughput. MVR reduces evaporation heat 65% (167 → 58.5 GJ/day). ₹1.50 Cr in bank debt, already included. | Deferred MVR installation (rejected: plant cannot operate without it) | LOCKED |
| Sep 2026 | THU (Thermal Heating Unit with oil) replaces IBR steam boiler | THU uses Therminol 55 oil at 180–220°C, atmospheric pressure. Saves ₹105–120L capex + eliminates IBR registration (8–10 weeks off critical path) + no boiler attendant licence needed. Same 199.3 GJ/day useful heat delivered. | IBR steam boiler (rejected: higher cost, IBR registration creates 8–10 week delay, licensed boiler attendant needed) | LOCKED |
| Sep 2026 | TPC revised to ₹21 Cr (v17 — 20 TPD PS from Day 1) | v17 increases capacity to 20 TPD PS + 30 TPD PCC. ₹21 Cr TPC vs v16's ₹19.13 Cr — only ₹2 Cr more capex for ₹25+ Cr/yr additional EBITDA at steady state. Debt ₹13.65 Cr, DS ₹2.93 Cr/yr. DISCOM 750 kW application required (vs v16's 500 kW). | v16 ₹19.13 Cr at 13 TPD PS (rejected: leaves 53% of thermal capacity idle and ₹25 Cr EBITDA/yr unrealised) | RFQ PENDING ±10% |
| Sep 2026 | Export pricing from Year 1 — PS at ₹42/kg FOB (not ₹26 domestic) | SE Asia rubber compounders buy standard PS as commodity. No qualification barrier beyond COA + 1 trial batch. ₹42 vs ₹26 = +₹5.42 Cr EBITDA at 60% util. Y1 Net Cash flips from −₹1.55 Cr to +₹4.77 Cr at v17 scale. IEC registration is 2-day process. | Domestic-only Y1 (rejected: creates unnecessary cash loss when export is straightforward and higher-value) | LOCKED |
| Sep 2026 | Kothakota 12 acres at ₹30L/acre as site (pending DISCOM letter) | 1300 ft road frontage + 2.5 km NH-44 + paddy belt water solves 3 of 7 checklist items immediately. 12 acres at ₹3.60 Cr provides Phase 2 + 1 MW solar + ETP ponds vs 3 acres TSIIC at ₹3 Cr with zero expansion room. | TSIIC Sangareddy 3 acres ₹3 Cr (rejected: no expansion room); other TSIIC parks (rejected: higher cost, less land) | DISCOM LETTER PENDING |
| Sep 2026 | Captive accommodation ₹44L on-site | Plant manager living on-site responds to 2 AM alarm in 5 min vs 40 km commute. Critical hire retention at remote location. PM + QC tech (Mon-Fri) + 2 operators + maintenance tech = 5 people on-site 24×7 coverage. | No accommodation (rejected: unacceptable risk for 24×7 chemical plant at 130 km from promoter) | INCLUDE IN CIVIL SCOPE |
| Sep 2026 | Contractor AMC model for utilities — buy uptime SLAs, not headcount | ETP/ZLD to Thermax AMC. THU to Forbes Marshall. Spray dryers to Raj Process. MVR to IPEC. ~₹40L/yr total AMC cost replaces hiring 3–4 specialist engineers. LD clauses (₹5,000–8,000/hr) enforce performance. | Own utility engineers (rejected: hard to retain specialists in remote location; 3× higher cost for equivalent coverage) | LOCKED |
| Sep 2026 | Draft-tube causticiser — upgrade from standard to Dorr-Oliver design | Incremental cost ₹20–35L. NaOH recovery improves 82% → 86–88% = ₹0.94–1.88 Cr/yr additional EBITDA. Also produces sealant-grade PCC directly (d50 0.5–0.8 µm, ₹26/kg) vs bulk PCC (₹10/kg). Payback <2 months. | Standard causticiser (rejected: leaves ₹0.94+ Cr/yr on table for ₹35L incremental cost) | ADD TO EQUIPMENT LIST |
| Sep 2026 | Phase 1B concept eliminated at v17 — full 20 TPD PS from Day 1 | v17 starts at full capacity. Phase 1B was the v16 M18 capacity bump (13→17 TPD PS); at v17 20 TPD from commissioning, Phase 1B is redundant. Y1 Net Cash = +₹4.77 Cr. Phase 2 (second production line) to be self-funded from Y2+ accruals. | Phase 1B at M18 (rejected: v17 delivers same output from Day 1 without needing a staged expansion) | LOCKED |
| Sep 2026 | SIDBI SMILE + CGSS as primary financing | SIDBI allows 18–36 month moratorium. CGSS covers 80% of loan (NCGTC guarantee) = only ₹2.49 Cr uncovered. Land collateral (₹3.60 Cr project site) covers uncovered portion 1.44×. Minimal personal exposure. Target 9–9.5%. | Commercial bank alone (rejected: higher rate 10.5%, 12-month moratorium only, full personal guarantee required) | APPLICATION IN PROGRESS |
| Sep 2026 | TDB loan in parallel — ₹2–3 Cr at 5% | TDB's 5% rate saves ₹0.11–0.16 Cr/yr vs 10.5%. Over 7 years = ₹0.77–1.12 Cr. Requires CSIR-IICT MOU as anchor document. Slow (6–9 months) so file immediately in parallel — do not wait for SIDBI sanction. | Skip TDB (rejected: ₹1 Cr+ interest saving is too large to ignore) | FILE IMMEDIATELY |
| Sep 2026 | BCR credits — register baseline with Puro.earth before commissioning | CO₂ permanently fixed as PCC = 3,089 MT/yr. At $15–25/tCO₂ = ₹38–65L/yr. Cannot claim retroactively without pre-commissioning baseline documentation. One email to Puro.earth before Month 0 = ₹50+ Cr potential over 10 years. | Skip BCR credits (rejected: zero-cost action with enormous upside; only risk is forgetting to do it) | ACTION THIS WEEK |
| — Add new decisions below — | ||||
| Date | Decision | Rationale | Alternatives rejected | |
Financing Application Tracker
| Scheme | Source | Amount | Rate | Applied? | Status | Next action | ETA |
|---|---|---|---|---|---|---|---|
| SIDBI SMILE | SIDBI Hyderabad | ₹13.65 Cr | 10.5% | NOT YET | Prepare DPR v17 + CMA data | Submit DPR package to SIDBI Hyd branch | Month −2 |
| CGSS guarantee | NCGTC (via SIDBI) | 80% of loan | 0.5%/yr fee | NOT YET | Applied via lending bank simultaneously | File with SIDBI application | Month −2 |
| SIDBI 4E | SIDBI | ₹2–3 Cr | 7.5–8.5% | NOT YET | Green assets: Solar, ETP, MVR, THU | Include green asset list in SIDBI application | Month −2 |
| TDB Loan | Technology Development Board (DST) | ₹2–3 Cr | 5% | NOT YET | Need CSIR-IICT MOU first | 1. Sign CSIR-IICT MOU. 2. File TDB application at dst.gov.in/tdb | Month −3 (parallel) |
| NABARD Agro-Processing | NABARD | ₹3–5 Cr | 8–9% | EXPLORE | Rural location + agro-waste processing qualifies | Contact NABARD District Development Manager, Wanaparthy | Month −2 |
| IREDA Biomass | IREDA | ₹1–2 Cr | 8.5–9% | EXPLORE | THU + biomass combustion component qualifies | Contact IREDA Hyderabad regional office | Month −2 |
| Udyam MSME | udyamregistration.gov.in | — | — | NOT YET | 30-minute process | Register immediately — needed for SIDBI + CGSS | THIS WEEK |
| ECGC Export Insurance | ECGC | 90% cover | 0.5–1% | NOT YET | Register before first export | Register at Month 10 before first export shipment | Month 10 |
| Interest Equalisation Scheme | RBI (via lending bank) | −2–3% subvention | 5–7% effective | NOT YET | Export packing credit; activate at bank | Activate when first export order received | Month 12 |
| 80-IAC Tax Holiday | Income Tax (DPIIT) | 3 yr exemption | 100% IT | NOT YET | File after first ITR | File at CA after first year of operations | Month 24 |
| Puro.earth BCR credits | Puro.earth voluntary market | ₹38–65L/yr | Upside | NOT YET | Send project description email for baseline documentation | Contact Puro.earth this week — before commissioning | THIS WEEK |
| RoDTEP | DGFT | 0.5–1.5% FOB | Cash refund | NOT YET | Register on DGFT portal at first shipping bill | Month 12 | Month 12 |
| — Add new scheme rows below — | |||||||
| Scheme name | Source | Amount | Rate | Applied? | Status | Next action | ETA |
| Phase | Milestone | Target date | Owner | Status | Notes |
|---|---|---|---|---|---|
| ▶ PRE-CLOSE (Month −6 to 0) | |||||
| Pre-close | Udyam MSME registration | This week | Promoter | OPEN | 30 mins at udyamregistration.gov.in |
| Pre-close | Contact Puro.earth — BCR baseline documentation | This week | Promoter | OPEN | Send project description email — cannot claim BCR retroactively |
| Pre-close | TSSPDCL 500 kW feasibility letter — Kothakota site | Month −4 | Promoter | OPEN | Visit Wanaparthy TSSPDCL office; written feasibility required before land purchase |
| Pre-close | CSIR-IICT MOU signed | Month −3 | Promoter | OPEN | Needed for TDB application anchor document |
| Pre-close | SIDBI + CGSS + TDB applications filed | Month −3 | Promoter + CA | OPEN | DPR v17 + CMA data + Udyam + DPIIT cert + land docs package |
| Pre-close | Plant manager recruited | Month −1 | Promoter | OPEN | 15+ yr chemical plant exp; must be on-site before equipment arrives; CTC ₹18–24L |
| Pre-close | TSPCB CTE application filed | Month −3 | Plant Manager + consultant | OPEN | 6–9 month timeline; file early |
| Pre-close | Kothakota land registered (title clear + patta) | Month 0 | Promoter + advocate | OPEN | Dharani portal verification + advocate search mandatory before registration |
| ▶ CIVIL + PROCUREMENT (Month 0–6) | |||||
| Civil | Financial close — equity infused + bank drawdown | Month 0 | Promoter + bank | OPEN | SIDBI sanction → drawdown → site mobilisation |
| Civil | PMC / project manager appointed | Month 0 | Promoter | OPEN | Commissioning consultant engaged simultaneously (PDIL or private ChemE; ₹3–5L/month for 6 months) |
| Civil | Long lead-time POs placed — spray dryers, MVR, furnace+THU | Month 0–1 | Plant Manager + Promoter | OPEN | Spray dryers: 12–16 week delivery · MVR: 14–18 weeks · Furnace+THU: 10–12 weeks |
| Civil | Civil construction complete (all buildings) | Month 3 | PMC | OPEN | Process bldg + THU room + warehouse + ETP + accommodation simultaneously |
| Civil | DISCOM HT connection live | Month 4 | PMC + TSSPDCL | OPEN | Simultaneous with civil; 3–4 month DISCOM process |
| ▶ ERECTION + COMMISSIONING (Month 5–12) | |||||
| Erection | All equipment installed + mechanical completion | Month 8 | Plant Manager + PMC | OPEN | Mechanical completion punch list; PLC panels installed; piping hydro-tested |
| Pre-comm | CEMS certified by TSPCB | Month 9 | Plant Manager | OPEN | Mandatory before commercial operations; TSPCB inspector signs off |
| Pre-comm | FSSAI central licence application filed | Month 10 | Promoter | OPEN | 12–18 month clock starts here; do NOT defer — dental revenue at Year 3 requires this |
| Pre-comm | First trial customer samples sent (SE Asia PS broker + 2 Indian rubber) | Month 10–11 | Promoter + QC tech | OPEN | COA with BET/PSD data; trial run product only; 3–4 week buyer approval cycle |
| Commission | First commercial batch — PS + PCC | Month 12 | Plant Manager | OPEN | First invoices; first export FCL to SE Asia; IES packing credit activated |
| ▶ RAMP-UP + OPTIMISATION (Month 12–36) | |||||
| Ramp | HDS qualification samples — Apollo, MRF, Ceat | Month 13–15 | Promoter + QC tech | OPEN | 3–6 month approval cycle; if pass, PS price ₹45–47/kg from Month 18 |
| Ramp | HDS qualification — Apollo/MRF/Ceat approved | Month 18 | Promoter + QC tech | OPEN | v17: full 20 TPD PS from Day 1 — no Phase 1B capacity expansion needed; focus on grade upgrade to ₹72/kg HDS |
| Optimise | NaOH recovery ≥ 85% achieved | Month 18–24 | Plant Manager + CSIR-IICT | OPEN | Each 1% improvement = ₹0.72 Cr/yr saving at v17 scale. Target: 82% → 86–88% via draft-tube optimisation |
| Optimise | FSSAI E551 certified — dental/food PS revenue live | Month 28–30 | Promoter | OPEN | PS price: ₹26 → ₹90–95/kg; Colgate/HUL/Dabur offtake pipeline |
| — Add milestones below — | |||||
| Phase | Milestone | Target date | Owner | Status | Notes |
| Document | Purpose | Due / File by | Filed? | File reference | Renewal |
|---|---|---|---|---|---|
| ▶ COMPANY + COMPLIANCE | |||||
| Certificate of Incorporation (CIN) | Company identity | DONE ✓ | DONE | U35106TS2026PTC210706 | — |
| DPIIT Startup Recognition | Startup benefits, CGSS eligibility | DONE ✓ | DONE | DPIIT: 246192 | Annual renewal check |
| Udyam MSME Registration | CGSS, SIDBI, CGTMSE eligibility | This week | OPEN | — | Annual update if turnover/investment changes |
| IEC (Import Export Code) | All exports; LC discounting | Month −3 | OPEN | — | No renewal — lifetime code |
| GST Registration (GSTIN) | Billing, input credit | Month −2 (before billing) | OPEN | — | Annual returns; monthly GSTR-3B |
| Factory Licence (Factories Act) | Legally operate factory | Month 10 (before commissioning) | OPEN | — | Annual renewal |
| ▶ ENVIRONMENTAL + SAFETY | |||||
| TSPCB CTE (Consent to Establish) | Permission to construct | Month −3 | FILE NOW | — | 5-year validity |
| TSPCB CTO (Consent to Operate) | Permission to run commercially | Month 10–11 | OPEN | — | Annual renewal |
| CEMS Certification (TSPCB) | Continuous emission monitoring sign-off | Month 9 | OPEN | — | Annual calibration |
| Fire NOC (District Fire Officer) | THU oil + chemical storage | Month 11 | OPEN | — | Annual renewal |
| ZLD compliance certificate | TSPCB zero liquid discharge | At CTO | OPEN | — | With annual CTO renewal |
| ▶ FOOD / QUALITY CERTIFICATIONS | |||||
| FSSAI Central Licence (E551 — food grade PS) | Dental/food PS sales; ₹90–95/kg price | Month 10 (file; 12–18M cycle) | CRITICAL — CANNOT DEFER | — | Annual renewal |
| IS 6579 (Precipitated Silica General) | BIS quality mark for domestic PS sales | Month 14–18 | OPEN | — | 2-year certification |
| ISO 9001 QMS Certification | Export credibility; mandatory for institutional buyers | Month 15 | OPEN | — | 3-year; annual surveillance audit |
| REACH Pre-registration (EU only) | EU export; not required for SE Asia/ME | Year 2 if EU export planned | DEFER | — | — |
| ▶ FINANCING DOCUMENTS | |||||
| DPR v17 (bank submission version) | SIDBI + TDB application | Month −3 | IN PROGRESS | fluxara-master-model.html (live) | Update with each RFQ received |
| CMA Data (3-year projections — banker format) | Bank sanction requirement | Month −3 | OPEN — CA to prepare | — | Aligned with DPR v17 |
| Puro.earth BCR baseline documentation | Pre-commissioning baseline for CO₂ fixation credits | This week | SEND EMAIL NOW | — | One-time baseline; keep records |
| — Add document rows below — | |||||
| Document name | Purpose | Due date | Filed? | Reference | Renewal |
| Risk | Probability | Impact | Trigger | Mitigation | Owner | Status |
|---|---|---|---|---|---|---|
| NaOH recovery below 80% at commissioning | Medium | High — +₹1 Cr/yr OPEX per 1% below 80% | First causticisation batch recovery <80% | CSIR-IICT lab trial before full commissioning; draft-tube causticiser already spec'd; 82% is conservative base | Plant Manager + CSIR-IICT | MONITOR |
| DISCOM does not sanction 500 kW at Kothakota site | Low-Medium | High — plant cannot run without power | Written refusal or >24-month wait from TSSPDCL | Get written feasibility letter BEFORE land purchase; alternative: DG-only for 6 months + solar; or identify backup site near 33/11 kV sub-station | Promoter | CRITICAL — GET LETTER FIRST |
| SIDBI / TDB sanction delayed >9 months | Medium | High — delays financial close and construction start | Sanction not received by Month −1 | Apply to 2 banks simultaneously (SIDBI + SBI or Canara). CGSS guarantee makes any bank more willing. TDB is parallel, not critical path — SIDBI alone is sufficient to start. | Promoter + CA | MONITOR |
| Spray dryer or MVR delivery delayed >4 weeks | Medium | Medium — critical path items; delays commissioning | Vendor confirms delay at Month 3 or later | Order at Month 0 (immediate). Performance bond / advance linked to delivery date. Identify alternative vendor at RFQ stage. | Plant Manager + PMC | MONITOR AT PO STAGE |
| CTAB supply disruption (imported, 4-week lead time) | Medium | Medium — HDS grade production stops; revert to standard | Supplier quotes >6-week lead time | Minimum 3-month buffer stock maintained. 2 import supplier relationships (China + Europe). CTAB only needed for HDS grade — standard grade unaffected. | Plant Manager | MONITOR |
| SE Asia buyer rejects initial PS quality batch | Low-Medium | Medium — delays first export revenue | COA rejected or BET <130 m²/g on first batch | Send trial samples from commissioning runs before booking FCL. Back up with 2–3 broker relationships. Standard PS is commodity — alternative buyers available within 2 weeks. | Promoter + QC tech | MONITOR |
| Plant Manager resigns in first year | Low | High — operational continuity risk at remote site | PM resignation notice received | Competitive CTC (₹22L) + performance bonus. On-site housing (retention anchor). 6-month notice clause in contract. Succession: promote senior operator + call commissioning consultant for 2-month bridge. | Promoter | MITIGATE AT HIRE |
| NaOH price spike +30% | Low-Medium | Low — sensitivity analysis shows EBITDA stays ₹35+ Cr at Y4+ even at NaOH +30% | NaOH 48% lye exceeds ₹23,700/MT | Long-term supply agreements with Grasim/DCW. NaOH recovery improvement from 82% → 87% partially offsets price increase. Price passed through to customers (export PS is spot-priced). | Promoter (procurement) | MONITOR |
| TSPCB CTO delayed beyond Month 11 | Low | Low-Medium — delays commercial production start | CTO not received by Month 11 | File CTE at Month −3 (leave full 14-month buffer). CEMS installation at Month 8 (leave 3 months for certification). Use consultant who knows TSPCB Wanaparthy district officials. | Plant Manager + consultant | MONITOR |
| — Add new risks below — | ||||||
| Risk description | Probability | Impact | Trigger | Mitigation | Owner | Status |
Key Vendors — Equipment
| Role | Company | Location | Contact | Status |
|---|---|---|---|---|
| Furnace 20 TPD | Thermax Bioenergy / Raj International | Rajkot | TBD — RFQ pending | RFQ OPEN |
| THU 3.5 MMkcal/hr | Forbes Marshall | Pune | TBD — RFQ pending | RFQ OPEN |
| Spray dryers ×2 | Raj Process Equipments | Pune | TBD — RFQ pending | RFQ OPEN |
| MVR evaporator | IPEC (Indian Process Equipment Corp) | Pune | TBD — RFQ pending | RFQ OPEN |
| Filter presses ×2 | Star Filter Press / Hydro Press | Gujarat/Rajkot | TBD — RFQ pending | RFQ OPEN |
| Leach reactors ×3 | Hydro Air Engineers | Hyderabad | TBD — RFQ pending | RFQ OPEN |
| PCC hydrocyclones | Krebs Engineers India | Vadodara | TBD — RFQ pending | RFQ OPEN |
| ETP + ZLD 25 KLD | Thermax Enviro / Enviro Labs | Hyderabad | TBD — RFQ pending | RFQ OPEN |
| QC Lab (BET/PSD/XRF) | Quantachrome India / Malvern-Panalytical | India | TBD | RFQ OPEN |
Financing + Institutional
| Role | Organisation | Contact person | Phone / Email | Status |
|---|---|---|---|---|
| Primary lender (SIDBI) | SIDBI Hyderabad | TBD — visit branch | — | OPEN |
| TDB application | Technology Development Board, DST | TBD | dst.gov.in/tdb | OPEN |
| CSIR-IICT MOU | CSIR-IICT Hyderabad | TBD — contact Director's office | iict.res.in | OPEN |
| Process advisory | CSIR-IICT / IIT Hyderabad ChemE | TBD | — | OPEN |
| Commissioning consultant | PDIL or private ChemE | TBD — advertise/headhunt | — | HIRE MONTH −1 |
| Plant Manager (critical hire) | Own payroll | TBD — Naukri / HeadHunters India | — | HIRE MONTH −1 |
| BCR credits | Puro.earth | project@puro.earth (approx) | puro.earth | CONTACT THIS WEEK |
| ECGC export insurance | ECGC | TBD — Hyderabad office | ecgc.in | MONTH 10 |
Government / Regulatory
| Office | Purpose | Contact | Notes |
|---|---|---|---|
| TSPCB — Wanaparthy District | CTE, CTO, annual returns | TBD — visit district office | File CTE at Month −3 |
| TSSPDCL — Wanaparthy Division | 500 kW HT connection feasibility | TBD — Wanaparthy office | Get written feasibility BEFORE land purchase |
| DGFT — Hyderabad | IEC + RoDTEP claims | dgft.gov.in | IEC: 2-3 days, ₹500 fee |
| District Fire Office — Wanaparthy | Fire NOC for THU oil storage | TBD | File at Month 10 with factory licence |
| FSSAI Central Licencing | E551 food grade PS | fssai.gov.in | File Month 10; 12–18 month cycle |
Export / Customer Pipeline
| Customer type | Company | Grade | Status | Notes |
|---|---|---|---|---|
| SE Asia broker (PS) | TBD — Bangkok / Jakarta | Standard PS ₹42/kg | IDENTIFY MONTH 1 | Commodity broker; 1 COA + 1 trial batch = approved |
| Indian rubber compounder | TBD — GCC / Telangana | Standard PS | IDENTIFY MONTH 1 | Domestic spot market; backup for export |
| Indian tyre OEM (HDS) | Apollo Tyres / MRF / Ceat | HDS PS ₹47/kg | SAMPLES MONTH 11–13 | 6–12 month qualification; CTAB ≥175 mg/g required |
| Sealant grade PCC | Pidilite / Sika / Henkel | Sealant PCC ₹26/kg | SAMPLES MONTH 14 | d50 0.7 µm · stearic coated; 4–6 month approval |
| Coatings PCC | Asian Paints / Berger / Nerolac | Bulk PCC ₹10/kg | SAMPLES MONTH 12 | 2 µm d50, brightness ≥97; fastest approval |
| Dental PS (FSSAI) | Colgate / HUL / Dabur | Dental PS ₹90–95/kg | YEAR 3 | FSSAI E551 required; file Month 10 |
This is the authoritative source of truth for all project assumptions. See fluxara-master-model.html for the interactive financial model. Update both when any assumption changes. Last sync: Sept 2026 (DPR v17).
Locked Process Constants (Do Not Change Without Full Revision)
| Parameter | Value | Source |
|---|---|---|
| Phase 1A RHA processed/day | 15.032 MT/day | 11.432 purchased + 3.600 bonus |
| PS produced / day (v17) | 20 MT/day = 6,600 MT/yr | Engineering calc |
| Nano-PCC / day (v17) | 30 MT/day = 9,900 MT/yr | Engineering calc |
| CaO consumed / day (v17) | 20.5 MT/day | v17 (20 TPD PS scale) |
| NaOH gross circuit | ~24.3 MT/day | Empirical causticisation circuit |
| NaOH recovery rate | 82% (target 86–88% Y2) | Lab validation required at commissioning |
| NaOH fresh makeup / day | 4.375 MT/day = 9.114 MT/day as 48% lye | 24.3 × (1−0.82) |
| Operating days / year | 330 | Locked |
| Thermal surplus (with MVR) | 21 GJ/day | v17: 21 GJ/day (v16 was 83 GJ/day at lower capacity) |
| CO₂ surplus (not in base) | 15.69 MT/day vented; 1.5 MT/day capturable | Upside only |
| RHA SiO₂ content | 92% amorphous (<700°C) | Critical — furnace temp ≤700°C hard limit |
| SiO₂ extraction efficiency | 88% | Lab validation required |
Price Assumptions — Current (DPR v17, Sept 2026)
| Item | Price | Notes |
|---|---|---|
| NaOH 48% lye | ₹18,240/MT | = ₹38,000/MT 100% NaOH equiv |
| CaO quicklime | ₹6,000/MT | Piduguralla AP ≥85% purity; ~190 km from Kothakota |
| Rice husk | ₹5,500/MT | Range ₹4,500–6,500 seasonal ±15% |
| Purchased RHA | ₹750/MT | Min 90% SiO₂ contract clause |
| CTAB (imported) | ₹1,80,000/MT | Highest supply risk; 4-week buffer mandatory |
| Stearic acid | ₹1,20,000/MT | Domestic vegetable-based |
| Electricity | ₹7/kWh | Net of solar credit |
| Standard PS (export FOB) | ₹42/kg | SE Asia / ME rubber compounders; commodity grade |
| HDS PS (export FOB) | ₹72/kg | Apollo/MRF/Ceat qualified; from Month 18 |
| Dental PS (export/domestic) | ₹144/kg | FSSAI E551 required; from Year 3 (Month 36) |
| Bulk PCC | ₹10/kg | Coatings, paper; domestic |
| Sealant PCC | ₹26/kg | Stearic coated, d50 0.7 µm; Pidilite/Sika |
| Desilicated residue | ₹900/MT | Brick kilns; 2.862 MT/day |
This tab tracks all open action items. Resolve each row by updating status. Items stay here even when resolved — use Status column to mark DONE.
| # | Action | Owner | Due | Priority | Status | Notes |
|---|---|---|---|---|---|---|
| 1 | Register Udyam MSME | Promoter | This week | P0 NOW | OPEN | 30 min · udyamregistration.gov.in · need for SIDBI + CGSS |
| 2 | Email Puro.earth — BCR baseline documentation | Promoter | This week | P0 NOW | OPEN | Cannot claim CO₂ fixation credits retroactively; one email = ₹50+ Cr potential |
| 3 | Get TSSPDCL 500 kW feasibility letter — Kothakota | Promoter | Before land purchase | P0 CRITICAL | OPEN | Visit Wanaparthy TSSPDCL office; written letter; do NOT buy land without this |
| 4 | Shortlist 3 vendors for 6 priority RFQ items | Promoter + PM (when hired) | Month −3 | P1 | OPEN | Spray dryers · Furnace+THU · MVR · ETP+ZLD · Filter presses · PCC hydrocyclones — RFQs lock ±10% accuracy on TPC |
| 5 | Sign CSIR-IICT MOU | Promoter | Month −3 | P1 | OPEN | Anchor document for TDB application; contact Director's office at iict.res.in |
| 6 | File TSPCB CTE application | Consultant (to hire) | Month −3 | P1 | OPEN | 6–9 month timeline; delay in filing = delay in commissioning |
| 7 | File SIDBI SMILE + CGSS application | Promoter + CA | Month −3 | P1 | OPEN | Need: DPR v17 (done) · CMA data (CA to prepare) · Udyam cert · DPIIT cert · land docs |
| 8 | File TDB loan application in parallel | Promoter + CA | Month −3 | P1 | OPEN | 5% rate; slow but worth it. File at dst.gov.in/tdb simultaneously with SIDBI |
| 9 | Advertise / headhunt Plant Manager | Promoter | Month −2 | P1 | OPEN | 15+ yr chemical plant exp · ₹18–24L CTC · must be on-site before equipment arrives (Month 0) · Naukri.com / HeadHunters India |
| 10 | Verify IEC registration (if not done) | Promoter | Month −2 | P1 | OPEN | ₹500 at DGFT portal; 2 days; needed for all export from Day 1 |
| 11 | Engage SE Asia PS export broker | Promoter | Month 1 | P2 | OPEN | Bangkok / Jakarta rubber chemicals distributor; standard PS commodity buyer |
| 12 | Commission accommodation block civil | PMC | Month 3 | P2 | OPEN | ₹44L; PM house + 4 staff quarters + canteen; simultaneous with process building civil |
| — Add new open items below — | ||||||
| # | Action item | Owner | Due | Priority | Status | Notes |