Rama Newsprint & Papers has entered into an agreement for sale of 170 acres of its unused land, subject to requisite approvals, for Rs 52.70 crore plus applicable taxes and levies.
Rama Newsprint and Papers is the India’s largest private sector Newsprint and Printing & Writing paper manufacturing facility at a single location, having an installed capacity, based on Virgin Pulp as well as Recycled fibre, to manufacture either 1,44,000 tonnes per annum of Newsprint or 1,80,000 tonnes per annum of Printing & Writing paper or a mix of both.