The White Field Paper Mills Limited, promoted by a Bangalore-based businessman, is expected to sign a memorandum of understanding with the Andhra Pradesh government to set up a paper plant at Kovvuru in West Godavari district shortly. |
A team of the company's representatives led by its chairman T Srinivasa Rao today met chief minister Y S Rajasekhara Reddy and explained their plans with regard to the proposed paper plant. |
The company representatives, who are also planning to seek a special economic zone (SEZ) status for the proposed plant, have requested the state government to allot about 250 acres of land to set up operations. |
The company would import wood pulp required by the plant from Sweden, officials said. Details like the proposed capacity or the size of investments are not immediately known. |