M/s. Whitefield Paper Mills Ltd., Hyderabad is being promoted by
Sri T.Srinivasa Rao and his Associates with the main object of
manufacture of Coated, Writing and Printing Varieties of Paper
etc., in Andhra Pradesh with a capacity of 2.00 lacs TPA at an
estimated cost of Rs.362.99 Million US$
The Company has entered in to MoU with Government of Andhra
Pradesh on 27th March’ 2006 The land allotted for the project,
271.35 acres in the first phase for Plant and Processing has
already taken possession by the Company in Bayyavaram, hamlet of
Tadipudi, Tallapudi Mandal, near Kovvur, West Godavari District,
Andhra Pradesh. Govt. of A.P. already initiated another 230
Acres of land alienation from the in the second phase. The GoAP
has consented to grant all subsidies, incentives to the proposed
paper mill. The Company has also obtained all the necessary
clearances from the Central Government. The site is well
connected with all infrastructure facilities required for paper
industry. The project is scheduled to be set up in about 30
months.
Received Project Techno Economic Feasibility Report from worlds
leading Paper Project Consultants M/s Poyry, Singapore/Australia
– SPB PC, India.
The Company has entered MoU in to a long-term agreement with one
of the leading Pulp and Paper suppliers in the world M/s. Elof
Hansson Group, Sweden for supply of about 2,20,000 MTA of wood
pulp and Marketing for 60% of the Paper produced through its
well-established network all over the world. M/s. Elof Hansson
Group is in existence for more than 100 years, having its
presence all over the world and total business volume is more
than US$700 million. The Company has subsidiaries in New York,
Jakarta, London, Beijing, Sydney and Mexico City. As
a standby arrangement signed MOU with DAIEI Paper, Singapore for
supply of Raw material and marketing of finished product.
The Company is presently in the process of preparation of
necessary documentation grounding this project in the State of
Andhra Pradesh. It is estimated that this industry will generate
direct employment for about 5,000 persons and indirect
employment to about 15,000 persons. Chief Minister of Andhra
Pradesh laid foundation stone for this mega Project on 31st May’
2006
The site has various advantages such as availability of
infrastructure facilities like Godavari River water, Raw
Material, Transport facilities, nearness to Kakinada Port,
availability of skilled and un-skilled personnel at affordable
cost, effluent disposal facility etc., |