Adilabad, March 7, (way2newstv.com)
The key decision on the restoration of Sirpur Paper Mill will be on 16th of this month. Representatives of the JK Company already and the bankers specifically assembled and discussed the restoration of the mill. The IRP, appointed by the court on 16th of this month, will open the sealed tender under bankers and final decision on the restoration of the mill. The workers are hoping for the restoration of the mill. There are indications that the Sirpur Paper mill (SPM), which has employed thousands of workers, has a reputation. Minister KTR special initiative to open Sirpur papers. Already negotiated with the management of several companies and announced government subsidies.
THE PLAN TO REVIVE THE KAGAZNAGAR PAPER MILL ON 16TH
Representatives of the leading paper companies in the country visited the mill in January last year. Large companies like ITC, Pepsil, JK, Westcoast, Star have come forward to take the mill. The JK Company has filed a tender for the restoration of mill only. The sealed cover will be opened on June 16 at the JK delegates, bankers, and the IRP appointed by the court. The final decision on the renewal of the Kagaznagar Paper Mill will be on 16th of this month. On Monday, JK papers and bankers met in Hyderabad. The decision to open a sealed tender by JK's company was taken up by the courthouse of the IRP on 16th and final decision was taken. The JK Papers Company is keen to take the paperwork of the Kagaznagar paper. The government will take all steps to open the Kagaznagar Paper Mill.
