PSUno text
-Name- NEPA Limited
-Scope-    To be a major contributor and leader in the Indian Paper Industry and make Company viable and self-sustainable.
-Introduction-    Established in Jan 1947 as National Newsprint and Paper Mills Limited, Nepa Limited is the pioneer newsprint manufacturing company of the country. It commenced production from 26 April 1956 with an installed capacity of 30,000 TPA, which was, subsequently enhanced in stages to 88,000 TPA. The main raw material were Salai wood and Bamboo which were available in abundance in the forests around Nepanagar. The company was operating well till 1991 but cheaper imports of good quality newsprint post liberalization affected the company adversely. As a result, the company started making losses and was declared “sick” in 1997. The mill however managed to continue production by switching over to recycled fibre (old newspapers) based production without the necessary technological changes required in the process. This resulted in running of the company with poor quality of products and lower level of production. The actual capacity utilization level was low at around 50%. Decline in production of sale was due to the problems faced in its ageing plant having higher input consumptions and lower production by increasing maintenance cost & down time. Therefore, a Revival and Mill Development Plan (RMDP) of NEPA Ltd. was approved by the CCEA in Sept 2012 and sanctioned by BIFR in 2014. The RMDP project included complete modernization of the present plant with an enhanced capacity to 1,00,000 TPA and producing Writing and Printing Paper in addition to Newsprint. Government of India is the major shareholder with 97.47, Government of Madhya Pradesh 2.47% and balance with private shareholders, in the company. The authorised and paid-up capital of the company is Rs. 800 crores and Rs. 694.32 crores respectively. RMDP was completed and the plant inaugurated on 23 Aug 2022 by Dr. Mahendra Nath Pandey, Hon’ble Minister of Heavy Industries. The plant started commercial production of newsprint on 05 Oct 2022 on one machine. The company successfully started production of Writing and Printing Paper on 19 Sep 2023 for the first time .
-PAN India Presence- Yes
-Performance statistics – Turnover of Rs. 40.68 Cr. In the F.Y. 2022-23 post RMDP Revenue from Operations 27.17 Cr. In the F.Y. 2022-23 post RMDP Net Worth of Rs. -16.08 Cr. In the F.Y. 2022-23 post RMDP.
-Products and Services- The mill started with production of newsprint paper and on completion of RMDP, the company is producing Writing and Printing Paper in addition to Newsprint. It is intended to produce 70000 MT of Writing and Printing paper and 30000 MT of Newsprint, annually.
-key activities-    Manufacturing and sale of Newsprint and Writing and Printing Paper
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Achievements / Projects-

  1. The company successfully completed the Revival and Mill Development Plan (RMDP) project and was inaugurated for operation on 23 August 2022 by Dr Mahendra Nath Pandey, Hon’ble Minister Heavy Industries Commencement of commercial production on one machine with effect from 05 October, 2022 was also a major achievement wherein the company was able to produce high quality newsprint comparable with best in the country.
  2.  The Company commenced production of Writing and Printing Paper for the first time , on 19 Sep 2023.
-International Collaborations-    N/A
-Contact name and address-    Nepanagar, District Burhanpur, Madhya Pradesh-450221
Verticalsno text
-Name-    NEPA Limited
-Sector Introduction-    Company is producing high quality Newsprint and Writing and Printing Paper of various grades.
-Segments- Newsprint and Writing and Printing Paper    manufacturing.
-Segments- Newsprint and Writing and Printing Paper    manufacturing.
-Role of MHI-    NEPA Limited is under administrative control of MHI.
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Key Initiatives / Schemes-     

  1. The company successfully completed the Revival and Mill Development Plan (RMDP) project and was inaugurated for operation on 23 August 2022 by Dr Mahendra Nath Pandey, Hon’ble Minister Heavy Industries Commencement of commercial production on one machine with effect from 05 October, 2022 was also a major achievement wherein the company was able to produce high quality newsprint comparable with best in the country.
  2.  The Company commenced production of Writing and Printing Paper for the first time , on 19 Sep 2023.
-Contact and address-    Nepanagar, District Burhanpur, Madhya Pradesh-450221
-Website Url - https://www.nepamills.co.in/

ExternaL links