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Auto Park planned in Orissa

Amtek Metal & Mining inked an MoU with the Orissa Government on 19 March 2010 for setting up a mega auto park with an associated two million tpa integrated steel plant and 500 MW power plant at Tangi in Cuttack district.

The project is expected to entail an investment of Rs 15,820 crore and is likely to spread over 2,500 acre. Of the total, Rs 2,050 crore is proposed to be invested for the auto park in phases for which about 550 acre will be required.

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