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          Highlights
 
  • Sector specific First Mega Paper Mill under SEZ scheme by Andhra Pradesh based Promoters

  • Provides direct employment for 1000 and indirect employment for 10,000 persons

  • Tax exemptions and incentives under SEZ scheme substantially contribute to economic value additions to shareholders.
    Buy-back arrangement with Elof Hansson , Sweden for marketing the finished goods.

  • Substantial Contribution to the Government exchequer by way of Taxes and duties.

  • Increased Utilization of Kakinada Port facilities through Bulk imports and exports.

  • Memorandum of Understanding (MoU): MoU has been signed between Government 
    of Andhra Pradesh and Whitefield Paper Mills Ltd on 27th of March, 2006 with GoAP  
    assuring full support.

Progress so far..

  • Company obtained IEM acknowledgement from the Ministry of Commerce and Industires.

  • Government of Andhra Pradesh has issued G.O. on 30.05.2006 to grant all subsidies, incentives, benefits, all the support and assistance to the proposed paper mill available under the Industrial Investment Promotion Policy 2005 – 10

  • Government of Andhra Pradesh has assured its support for obtaining all other
    clearances under Single Window System

  • Government of India approved this Project as a Special Economic Zone (SEZ) on 21st August 2006.

  • Land Alienation : 271.35 acres land has been alienated by Government Andhra Pradesh (GoAP) for this project and possession given on 12th July 2006.

  • Government of Andhra Pradesh has assured for alienation of another 230 Acres of Land with in 5 Kms. from the proposed site in 3 months time during the second phase of alienation for housing and other purposes.

  • Government of Andhra Pradesh has appointed one escort officer specifically for this project for expeditious implementation of the project.

  • Government of Andhra Pradesh has permitted to draw water from Godavari River

 

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