The JK Paper Ltd. will take charge of the sick Sirpur Paper Mills at Kagaznagar as part of its plan for revival of the factory. The representatives of the creditor bank will open the locks on the gates of the factory in the presence of managing director of the JK Paper Ltd., Harsh Pati Singhania.
The State government will be represented by IT Minister K. Taraka Rama Rao, Forest Minister Jogu Ramanna, Housing Minister A. Indrakaran Reddy and Sirpur MLA Koneru Konappa at the ritualistic puja in the paper mills, located at Kagaznagar town in Kumram Bheem Asifabad district.
Mr. Rama Rao is scheduled to address workers and later a public meeting in town.
The IT Minister will also participate in release of Mission Bhagiratha water and laying of foundation stone for 480 2BHK houses and other developmental works in and around the town.