Posts Tagged ‘IDCO’

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

June 25, 2018 Leave a comment

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. more


Bids invited to set up Plastic Park at Paradeep

November 6, 2012 Leave a comment

The Odisha Industrial Infrastructure Development Corporation (IDCO) has invited EoIs for selection of co-developers to develop a plastic park at Paradip in Jagatsingpur district of Odisha. Last date for the submission of EoIs is 22 November 2012.

IDCO, the nodal agency to implement the project, has received in-principle approval from Central Govt. for development of the project. Land for the project has already been acquired.

The proposed project is located on a parcel of 150 acres in the village Rangiagarh on the outskirts of Paradeep at approximately 2.5 Kms from the IOCL refinery and on the IOCL road.

Odisha to invite fresh bids for Shamuka project

October 5, 2012 1 comment

The Odisha Government is likely to call for fresh bids for the Rs 3,500-crore Shamuka tourism project in Puri district in December 2012.

Shamuka Beach Project Master Plan
The Phase I bid envisages development of four five star hotels and a golf course hotels at the site. The state tourism department is likely to submit the contours soon to the state government for approval. Apart from five star hotels and an 18 hole golf course, the beach project will have facilities like a convention centre of international standards with a seating capacity of nearly 1,500 people, boutique hotels, international spa and wellness centres, an entertainment zone and sports facilities. The entire project is to be developed over an area of 3,000 acre on PPP mode.

Earlier, bids were invited for setting up hotels under this project. However, the interested players did not submit their financial bids citing economic downturn then. The selected bidders included Taj Group of Hotels and Resorts, ITC, Park Hotels, Ananda Spa, Emaar MGF, DLF etc.

Meanwhile, Industrial Infrastructure Development Corporation (Idco) will initiate steps for completion of internal roads while energy and water resources department are asked to ensure water and power supply by June 2013.

Midal to set up aluminium conductor unit at Angul

August 2, 2012 Leave a comment

Midal Cables is likely to set up an aluminium conductor and rod manufacturing unit in Orissa with an investment of Rs 250-Rs 300 crore.

The new unit will come up at the aluminium downstream and ancillary products park at Angul to be developed jointly by Orissa’s nodal land acquisition agency – Industrial Infrastructure Development Corporation of Orissa (IDCO) and National Aluminium Company (NALCO). Midal has sought 30-40 acre within this park.

The aluminium park is to be set up as a 50:50 JV between IDCO and NALCO on 204 acre close to NALCO’s smelting facility at a cost of Rs 75 crore. A SPV called Angul Aluminium Park (AAPPL) was formed by IDCO and NALCO for the purpose. Midal had submitted the proposal in response to the EoI of AAPPL. As many as 53 proposals were received in response to the EoI.

Orissa to develop Health City

July 26, 2012 Leave a comment

The Orissa Government intends to develop an integrated health city in the state. The proposed health city will be built on the outskirts of Orissa on 150-200 acre. Industrial Infrastructure Development Corporation of Orissa (IDCO) has prepared the concept note for the project. It will have various components including super speciality hospital, medical college, residential zones, high-end diagnostic centre and common infrastructure facilities.

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