The Hindustan Paper Corporation Ltd may be forced to shut down its Nagaon paper mill at Jagiroad in Morigaon district if it fails to extend its agreement with the Karbi Anglong Autonomous Council on bamboo supply, the main raw material of the paper industry.
The 30-year-old agreement will expire in October. A source at the corporation today told The Telegraph that in November 2011, a team representing the paper unit had moved the council’s chief executive member, Jayram Engleng, to extend the agreement before it expires.