Assam Government said a Rs 800 crore proposal has been prepared to revive the closed Nagaon Paper Mill and Cachar Paper Mill in the State. Both the mills, units of Hindustan Paper Corporation Limited, a Government of India enterprise, were closed for several years.
Secretary, Heavy Industries and Public Enterprises, Girish Shankar informed Assam Chief Minister Sarbananda Sonowal about the Rs 800 crore proposal that has been prepared for revamping Nagaon Paper Mill and Cachar Mill, an official release said in Guwahati.
Sonowal held a meeting with Shankar in New Delhi on 22 September. Emphasizing on fast-track reopening of the two mills, Sonowal said the State Government would relax VAT on bamboo and coal for the units. Sonowal also discussed the issue of sustaining an uninterrupted gas supply to tea gardens with the Secretary of Petroleum and Natural Gas K D Tripathy.