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  Sector specific First Mega Paper Mill under SEZ scheme by Andhra Pradesh based Promoters
  Provides direct employment for 3000 and indirect employment for 10,000 persons
  Tax exemptions and incentives under SEZ scheme substantially contribute to economic  
    value additions to shareholders.
  Buy-back arrangement with Elof Hansson , Sweden for marketing the finished goods.
  Substantial Contribution to the Government exchequer by way of Taxes and duties.
  Increased Utilization of Kakinada Port facilities through Bulk imports and exports.
  Memorandum of Understanding (MoU): MoU has been signed between Government
   of Andhra Pradesh and Whitefield Paper Mills Ltd on 27th of March, 2006 with GoAP
   assuring full support.

Progress so far..

  Green Card and Various Tax Exemption Letters Received from SEZ Commissioner-Vizag

  271.35 Acres of Land Paid for and Completed all land leveling, Filling works. Site is fully  
    leveled to accommodate Total Plant and Machinery including Paper Machine, Power Plant, 
    Ware-Houses, Stores, Main Laboratory and other Buildings.

  Natural Water Reservoir built for Water Storage.
  Secured 11 KV Temporary Power Connection for usage during Construction works.
  Constructed Site Office, Workmen Mess and 12 Room Hostel Accommodations at our Site. 
  12 Acres Land acquired for laying 80 feet Approach Road from Saggonda Road to our
    Factory Site for Heavy Vehicular Movement. Temporary Road in use.
  Acquired 0.92 Acres of land on the Banks of River Godavari for Constructing Pump House.
    Land registered in our favour on 29th November 2007. Pipe line laying works from Pump
    House to Project site is underway.
  Agreement signed on 22nd November 2007 for Purchase of 2.87 Acres of land adjoining to
    our land. 
  Second Phase Alienation of 229 Acres is in Advanced Stage and Land Possession is
    expected to be completed shortly.
   Received Permission to draw 15 MGD Water from River Godavari. Request made to enhance
    the water drawal permission as per GO up to 26 MGD 
   Temporary water line for 2.0 lac liters is laid from Godavari River for usage during
    construction
   Received Environment Clearance from State Level Environment Impact Assessment
    Authority (SEIAA) 
   Civil Works and other project activities are scheduled to commence shortly
   Established three full-fledged offices (Regd. Office, Project Office & SEZ Office) in Kovvur.
  Top Management Team, Key Operating Personnel and about 70 People are working out of
    Project Office, Regd Office and Site Office.
  Received favorable Project Techno-Commercial Feasibility Report from Jaako Poyry,
    Australia – SPB PC, India
  Signed Agreement with Elof-Hansson, Sweden for Supply of entire Raw Material on long-
   term basis and to Market 60% of the Finished Production through their established network
   across the Globe.
  As a stand by arrangement signed MoU with Daiei Paper Trading Corporation, Singapore for
    raw material supply and marketing of paper
  Appointed Tata Consulting Engineers (TCE) for Detailed Engineering and           Project
    Management Services.   
  Supply of Paper Machinery is finalized with one of the leading suppliers of Paper machines
    in the World M/s. Metso Paper, Finland and Letter of Intent will be issued shortly.
  Supply of 80 MW Power plant equipment finalized with Dong Fang of China and an MoU
    signed with them in this regard
  SBI Capital Markets ltd, a leading Project financing institute has appraised our project as
    financially viable project.
  Completed all necessary arrangements for Financial Closure Equity and confident of
    completing the same shortly
  Signed Power Purchase Agreement (PPA) with Power Trading Corporation (PTC) for surplus
   Power
  Received assurance for Coal-Linkage from Ministry of Coal and Mines
  Government of Andhra Pradesh recommended allocation of Gas to Whitefield from State
    quota to Ministry of Petroleum and Natural gas.
  Applied for allocation of Railway Sliding at Kovvur
  Designs and Proposals made for Permanent water supply from River Godavari by
    constructing Jack-Well and Sinking-Well at River Godavari.
   Site Soil Investigations completed and report submitted by M/s.Nagadi Consultants       
 
 

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