The story
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.
From Wikipedia’s article on Hindustan Newsprint, shared under CC BY-SA 4.0.3
