Guwahati, Tuesday, July 10, 2012
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Jagiroad Paper Mill incurs 1-cr loss in 4 days

 MORIGAON, July 9 – Hindustan Paper Corporation Ltd’s (HPCL’s) Jagiroad unit in Assam’s Morigaon district has incurred an estimated production loss of Rs 1 crore following disruption of work for four days, official sources said here today, reports PTI.

Production at the unit was disrupted from July 4 till yesterday due to some technical problems, they added.

HPCL’s Managing Director at Kolkata P V Narasingha Rao had visited the paper mill on July 7 to review the situation.

The Jagiroad unit has been facing several problems, including a strike by the employees last month. Employees Union of the unit had 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 are currently procuring raw materials locally, sources said.

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