JAGIROAD, Dec 22 � The two projects of the Hindustan Paper Corporation (HPC) Limited, a wholly owned Government of India enterprise, viz., the Nagaon Paper Mill (NPM) and the Cachar Paper Mill (CPM) have hit the wall with the Karbi Anglong Antonomous Council (KAAC) expressing its inability to continue supply of bamboo from the Karbi Anglong forests from April, 2012 next.
It may be mentioned that the HPC Limited, with an estimated capacity of 1 lakh TPA of writing and printing paper, was set up in 1970 on the basis of availability of abundant bamboo in the Karbi Anglong areas and accordingly a 30-year long term tripartite agreement between the Government of Assam, KAAC and HPC Limited was signed for supply of bamboo of 2.5 lakh MTAD per annum. The tripartite agreement, signed in the year 1980, will expire in April, 2012.
In a fax message (No-CE. 10 (I): II the Principal Secretary of KAAC on October 31 made it clear to the HPCL that the KAAC would not be able to extend the validity of the agreement of 1980, it is also learnt.