The initial restoration works for the Tuli Paper Mill has begun in Mokokchung, informed DIPR.
Personnel from the private company 3A Capital Services Limited (3ACSL), which acquired Nagaland Pulp and Paper Company Ltd., has been deployed to the site. According to one of its officials, the company is currently at the audit phase to clear the pending liabilities of the previous employees of the mill and hoped to complete it by the end of the year so that the restoration and revival works can begin extensively.
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It may be noted that the State Government which previously owned 12% of Tuli Paper Mill is now left with 3.51% while the Mumbai based private firm 3ACSL owns the lion’s share of 96.49%.