Decks cleared for SEZ paper mill
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Production to be launched by 2008; job opportunity for over 1,000 locals
Rajahmundry: The first-ever sector specific Special Economic Zone paper mill is expected to begin its fine quality production by the end of 2008.
Announcing this at a press conference here on Monday, T. Srinivasa Rao, Chairman of White Field Paper Mills Limited said that the Ministry of Commerce, Government of India, cleared their plant as specific Special Economic Zone (SEZ) mill for writing and printing paper at Bayyaram, a hamlet of Tadipudi village in Tallapudi mandal of West Godavari district.
He said the company would import pulp from Elof Hansson Group, Sweden, one of the leading pulp and paper suppliers in the world.
He also said that MoU was signed with the group recently for supply of raw material (wood pulp) and buy back of finished product like quality writing and printing paper, special grade bond paper, zerox paper and superfine coated paper.
Project cost
Replying to a question, Mr. Rao said that the project cost was Rs. 1,200 crores and Rs. 800 crores of it would be foreign loan.
The mill would draw water from the Godavari river within 5 km radius and power through Grid.
Agreement
The company had an arrangement for gas pipeline with GAIL and Reliance, he added.
"Our mill will provide direct employment to 1,000 locals and another 10,000 persons indirectly. Number of ancillary units will come up along with the mill," said Mr. Srinivasa Rao.
M. Venugopal, cost accountant, and R. Sambasiva Rao, general manager (project coordinator), were also present at the press conference.
http://www.hindu.com/2006/09/05/stories/2006090506130300.htm
Production to be launched by 2008; job opportunity for over 1,000 locals
Rajahmundry: The first-ever sector specific Special Economic Zone paper mill is expected to begin its fine quality production by the end of 2008.
Announcing this at a press conference here on Monday, T. Srinivasa Rao, Chairman of White Field Paper Mills Limited said that the Ministry of Commerce, Government of India, cleared their plant as specific Special Economic Zone (SEZ) mill for writing and printing paper at Bayyaram, a hamlet of Tadipudi village in Tallapudi mandal of West Godavari district.
He said the company would import pulp from Elof Hansson Group, Sweden, one of the leading pulp and paper suppliers in the world.
He also said that MoU was signed with the group recently for supply of raw material (wood pulp) and buy back of finished product like quality writing and printing paper, special grade bond paper, zerox paper and superfine coated paper.
Project cost
Replying to a question, Mr. Rao said that the project cost was Rs. 1,200 crores and Rs. 800 crores of it would be foreign loan.
The mill would draw water from the Godavari river within 5 km radius and power through Grid.
Agreement
The company had an arrangement for gas pipeline with GAIL and Reliance, he added.
"Our mill will provide direct employment to 1,000 locals and another 10,000 persons indirectly. Number of ancillary units will come up along with the mill," said Mr. Srinivasa Rao.
M. Venugopal, cost accountant, and R. Sambasiva Rao, general manager (project coordinator), were also present at the press conference.
http://www.hindu.com/2006/09/05/stories/2006090506130300.htm
posted by Sudarshan Rodriguez at 12:43 PM
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