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ASSAM INDUSTRIAL DEVELOPMENT COPRPORATION LTD
Sl.No Name of unit Original product Project Cost(Rs. in Lakhs) Existing capacity Present status Present employees Status of accounts Liabilities Asset value as per valuation(Rs. in Lakhs)
1 Fertichem Ltd. Bonda, Guwahati. NPK Granulated Mixed Fertilizer 79.00 / 199.85 60,000 MT / annum Declared closed by State Govt. AIDC Ltd. is the custodian of the property All the employees are released under VRS as per closure. Two Nos. of employees are working as Honourium basis for doing statutory & other works. nternal Audit for 2006 - 07 completed and for 2007 - 08 is under process. AG Audit completed for 2000 - 01. Statutory Audit completed for 2001 - 02. All liabilities were cleared by Govt. 449.82 as on May '04
2 Assam State Weaving & Manufacturing Company Ltd.

Weaving Unit

Kathimari Nagaon

Textile Process House, Jabjabkuchi, Ghograpara, Nalbari.
Grey Fabric
Finished Fabric
1441
1059
30,000 MT /day
40,000 MT /day
Declared closed by State Govt. AIDC Ltd. is the custodian of the property All the employees are released under VRS as per closure. Three Nos. of employees are working on Honourium basis for doing statutory & other works. Internal Audit for 2006 - 07 completed. AG Audit completed for 2002 - 03. Statutory Audit completed for 2002 - 03. All liabilities were cleared by Govt. 2985.69 as on March '04
3 Industrial Paper (Assam) Ltd.

Dhing, Nagaon
Extensive Sack Kraft Paper 5636.00 / 18000.00 40,000 TPA For declaration of the closure of the unit, closure proposal is submitted & is under progress. 22 Internal Audit for 2004 - 05 completed. AG Audit completed for 1996 - 97. Statutory Audit completed for 1997 - 98. Rs. 467.47 lakhs 2104.29 as on March '02
4 Assam State Fertilizers and Chemicals Ltd.

Chandrapur, Guwahati
Sulphuric Acid & Single Super Phosphate 1141.79 50 TPD of S. Acid & 100 TPD of SSP
Expansion of Project 75 TPD of S. Acid & 150 TPD of SSP
The Project is running and modernization scheme is under progress. 57 Internal Audit for 2006 - 07 completed, 2007 - 08 under process. AG Audit completed for 2001 - 02. Statutory Audit completed for 2002 - 03. Rs. 78.36 Lakhs 831.52 as on Dec '01
5 Assam Syntex Limited,

Nathkuchi, Tihu, Nalbari
Yarn 996.5 17,280 Spindles The Mill was leased to Advent Industries Limited. Due to violation of Lease Deed, the assets of the Mill has been taken over by AIDC Ltd. on 07/09/07 by serving a notice wherein claims for unpaid dues. AIL made a counter claim for loss of business etc. The matter is being referred to Arbitrator as provided in the MOU / Lease Deed and it is under process for Arbitration. State Govt. has declared closure of the unit. 490 employees revered back to Assam Syntex Limited w.e.f. 07/09/07 on taking over the Mill from the Lessee. Presently, Two Nos. of existing employees are working on Honourium basis for doing statutory & other works. Provisional accounts upto 2006 - 07 completed. AG Audit completed & adopted in AGM 1998 - 99. Statutory Audit under process for 1999 - 2000 Rs. 4088.94 Lakhs 1595.91 as on Dec '98
6 Cachar Sugar Mill,

Batabari, Karimganj
Sugar Granule 720.05 1250 MT / day State Govt. declared closure of the unit. 125 Internal Audit for 1999 - 2000 completed. AG Audit completed for 2000 - 01. Statutory Audit completed for 1992 - 93 Moved the State Govt. for sanction and release of total liabilities of Rs. 233.63 Lakhs including waiving of liabilities of Rs. 861.14 Lakhs of State Govt. and payment of Rs. 52.50 Lakhs to other institutions 1892.19 as on 2006