Cabinet approves utilisation of land to Tata Steel to set up industrial park

The Odisha cabinet on 21 June 2018, cleared a proposal by Tata Steel for utilisation of 1,735 acres of land for developing a private industrial park at Gopalpur, in Ganjam district.

Of the 2,970 acres of land handed over to Industrial Industrial Infrastructure Development Corp (IDCO) for setting up a steel plant at Gopalpur by Tata Steel, 1,235 acres notified by the Central government as SEZ. The balance 1,735 acre may be utilized by the said company for setting up a private industrial park as domestic tariff area.

The Cabinet also approved the lease of government land measuring 181.77 acres near Sambalpur in favour of IIM-Sambalpur for construction of a permanent campus. It also cleared alienation of government land of 881 acres in four districts free of cost in favour of Union Ministry of Railways for construction of Daspalla-Balangir segment of the crucial Khurda-Balangir new broad gauge railway line.

Author: BizNewsOdisha