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BILT’s sick unit in Telangana may begin operation by August next year

Ballarpur Industries’ (BILT) sick unit near Kamalapur in Jayashankar Bhupalapally district in Telangana is expected to commence commercial operations by August next year.

An assurance to the effect was given to KT Rama Rao, Minister for Industries, Government of Telangana by Nehar Agarwal, Chief Operating Officer, BILT at a review meeting. The paper unit had been closed since April 2014. As part of the revival plan, the State Government had agreed to clear BILT payments such as pending power bills, taxes and Forest Department arrears in instalments.

The Minister expressed his ‘displeasure’ over the delay in reopening of the unit even after providing government incentives for revival. He also cautioned the management that in the event BILT misses the deadline again, the State government will cancel the incentives.

 

 

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Monday, November 25, 2019