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Hindustan Newsprint Ltd. (HNL) is a 
Hindustan Newsprint Limited
government company
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government ...
in the Indian Central Public Sector. HNL was incorporated under the Companies Act, 1956, on 7 June 1983, in Kottayam district, Kerala
Kerala ( ; ) is a state on the Malabar Coast of India. It was formed on 1 November 1956, following the passage of the States Reorganisation Act, by combining Malayalam-speaking regions of the erstwhile regions of Cochin, Malabar, South Ca ...
. HNL is a former fully owned subsidiary of Hindustan Paper Corporation Limited (HPC) which is a fully owned Government of India
The Government of India ( ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, ...
Enterprise now owned by Government of Kerala
Government of Kerala is the subnational government of the Indian state of Kerala. The government is led by a chief minister, who selects all the other ministers. The chief minister and their most senior ministers belong to the supreme decisio ...
. This industrial unit is rechristened as Kerala Paper Products Limited. Shri. APM Mohammed Hanish, IAS, Principal Secretary, Industries Department, Government of Kerala is the Chairman and Shri. Prasad Balakrishnan Nair, former CEO, Makers Village is the Special officer of Kerala Paper Products Limited. Revival works have started on 01.01.2022
Origin of HNL as Kerala News print Project
This Project was conceived, as early as, 1968 when the first Feasibility Report was prepared and on the basis of that Report the Government of India took a decision in May, 1970 to approve this Project in principle and desired that the HPC or HNL, on being established, should prepare a Detailed Project Report for approval of Government.Agreement between Government of Kerala and HPC
The Government of Kerala, in pursuance of its policy of industrial development of the State, readily expressed its willingness to promote and encourage the establishment of the Newsprint Factory Project in kerala and granted various concessions, rights, privileges and benefits to HPC as incorporated in the agreement dated 7 October 1974 between the Government of Kerala and HPC. The concessions, rights, benefits, etc. included among other things, adequate and sustained supply of various forest raw materials to the Newsprint Project from the State Government's forest resources.Incorporation of KNP as HNL
In 1983, the year in which the Kerala Newsprint Project commenced commercial operations, the Indian government, as a matter of policy, directed HPC, in public interest, to promote and incorporate as a government company under the ''Companies Act'', 1956, to take over and operate the said Newsprint Mill and to acquire all the properties and assets as well as all the debts and liabilities belonging to the Newsprint Mill. Accordingly, HPC promoted and incorporated Hindustan Newsprint Limited (HNL) as its fully owned Subsidiary. On incorporation of HNL, transfer of assets and properties, etc. was concluded under a Tripartite Agreement dated 14 January 1985 amongHindustan Paper Corporation
''Hindūstān'' ( , from '' Hindū'' and ''-stān''), also sometimes spelt as Hindōstān ( ''Indo-land''), along with its shortened form ''Hind'' (), is the Persian-language name for the Indian subcontinent that later became commonly used by ...
(HPC), HNL and the Indian government. Under this agreement, HNL is entitled to the benefits and it is liable to discharge the obligations, under all contracts, agreements, engagements, assurances, licenses and permits in relation to the said Kerala Newsprint Mill. Shri. K Gopalaswamy Ayyar assumed charge as its first managing director. Mr. Rama Krishna Pillay designed and commissioned the mill in 1983 and assumed charge as the works manager.
On 28 October 2017, the Government of India
The Government of India ( ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, ...
announced the privatization of Hindustan Newsprint.
References
Sources
Hindustan Newsprint Limited
External links
1983 establishments in Kerala Pulp and paper companies of India Companies based in Kottayam {{India-company-stub