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This is an archive article published on July 9, 2012

Hindustan Paper loses Rs 1cr in 4 days

HPCL's Managing Director at Kolkata P V Narasingha Rao visited the paper mill on July 7 and reviewed the situation.

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An estimated production loss of Rs one crore was incurred at Hindustan Paper Corporation Limited8217;s Jagiroad unit in Assam8217;s Morigaon district following disruption of work for four days.

Production at the unit was disrupted since July 4 following some technical problems and it resumed yesterday,official sources said here today.

HPCL8217;s Managing Director at Kolkata P V Narasingha Rao visited the paper mill on July 7 and reviewed the situation.

Recently,HPCL Jagiroad unit has been beset with several problems including a strike by the employees last month.

Employees Union of the unit had earlier called a strike to protest the authorities decision to grant the contract for supply of bamboo and other raw materials to a private party.

HPCL authorities later cancelled the contract and was currently procuring raw materials locally,sources said.

 

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