JK Paper Ltd (JKPL) has lined up an investment of around $100 million (Rs 650 crore), part of which will be accounted for by the International Finance Corporation (IFC) putting in around $50 million.JKPL is a leading Indian producer of office paper, packaging boards, printing and writing paper, and specialty paper. However, JKPL could not be reached for comments.The proposed project entails capacity expansion and efficiency improvement, capital expenditures at the two existing plants, and debt refinancing.