Khattar hands over RLAs to IOCL, CONCOR | chandigarh | Hindustan Times
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Khattar hands over RLAs to IOCL, CONCOR

chandigarh Updated: Jul 03, 2015 23:14 IST


Haryana chief minister ML Khattar on Friday formally handed over regular letters of allotment (RLA) of land to set up a research and development project of Indian Oil Corporation Ltd (IOCL) in the industrial model township, Faridabad, and rail-linked multi-modal logistics park of Container Corporation of India Ltd (CONCOR) in industrial estate, Barhi, near Ganaur.

IOCL executive director R Prabhu and CONCOR chief managing director Anil Kumar received the RLAs at a function held here.

Speaking on the occasion, Khattar said that both these projects involve a total investment of `1,250 crore and would generate employment for about 7,100 persons. These projects would also generate revenue for the state exchequer.

He said that Haryana would have its share in both these projects.

The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) had allotted 59.32 acres of land to the IOCL and about 37 acres of it to the CONCOR to set up their projects.

The IOCL would invest about `300 crore in the next two years and about `900 crores by 2019. Out of 59.32 acres of land allotted to the IOCL, the company would utilise 43.74 acres for the setting up of demonstration scale manufacturing plants, including pilot plants based on their technology, and solar plants, gasification plants, bio-energy related units.

The CONCOR would set up its project with an investment of `350 crore for inland container depot, domestic container terminal and rail freight terminal with warehousing complex in Sonepat-Gannaur-Panipat area falling on Delhi-Ambala-Kalka section of Northern Railway to facilitate reduction in logistics' costs of the industry of the area.