A day after an RBI team visited Baleswar district to take stock of the situation for setting up a bank note paper mill there, a delegation of Bank Note Paper Mill (BNPM) India Pvt Ltd met Chief Minister Naveen Patnaik for the project on Wednesday.
The delegation comprising top executives of the company including Managing Director Thalikerappa S briefed Patnaik about the project.
The BNPM, a joint venture of the Bharatiya Reserve Bank Note Mudran Private Ltd, is planning to set up a bank note paper mill at Padabadagaon village under Remuna Block in Baleswar district at an investment of Rs 2,500 crore.
CM Patnaik assured the delegation of providing total support to the company for the project.
On Tuesday, a three-member team of Reserve Bank of India had visited Padabadagaon on the outskirts of Baleswar town for the project. According to reports, about 100 acres of land will be acquired to set up the proposed bank note paper mill.