Tamil Nadu Newsprint and Papers Limited (TNPL) are in the business of marketing and manufacturing of Generation of Power and Paper Board Cement. It is the largest bagasse and agricultural residue-based paper unit in India.
Industries can also be classified into the private sector, state-owned or public sector, cooperative sector, and joint sector on the basis of ownership. The industries owned and operated by individuals or a group of individuals are known as Private sector industries, examples of such industries include Reliance industries limited and Tata consultancy services (TCS). The industries owned and operated by the government are called Public sector industries, examples of such industries are Steel Authority of India Limited and Hindustan Aeronautics Limited. The industries owned and operated by individuals or a group of individuals and the state are called Joint sector industries, an example of such an industry is Maruti Udyog Limited. The industries owned and operated by the suppliers or producers of raw materials, workers, or both are called Co-operative sector industries. Sudha Dairy and Anand Milk Union Limited are success stories of a co-operative venture.
Tamil Nadu Newsprint and Papers Limited was established in April 1979 by the Government of Tamil Nadu as a public limited company to produce Printing and Writing Paper (PWP), and Newsprint using bagasse as the primary raw material. It is an eco-friendly company since it uses bagasse, a sugarcane residue, as the primary raw material.
Thus, option (B) is correct.
Bagasse is the residue left after the crushing of sugarcane. It is used as a biofuel for the production of electricity, heat, and energy and also in the manufacture of building materials, such as cement and cement-based products, and pulp, which makes eco-friendly papers.