The Telangana government has agreed to extend subsidy of Rs 30 crore per annum for seven years to Ballarpur Industries to restart operations at its Kamalapuram unit in the Warangal district. This includes a subsidy of Rs 9 crore per annum on supply of power and Rs 21 crore subsidy per annum on wood pulp.
The paper maker had temporarily shut down its unit due to adverse global and Indian market conditions for Rayon grade pulp and Viscose staple fibre, manufactured at the plant.
Ballarpur Industries is engaged in manufacturing of wide range of papers such as coated wood free, uncoated wood free, copy paper, packaging, business stationery, industrial grades and speciality and fine paper.
Company Name | CMP |
---|---|
JK Paper | 372.05 |
TN Newsprints | 268.10 |
West Coast Paper | 643.35 |
Emami Paper Mills | 112.05 |
Andhra Paper | 511.70 |
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