Uttarakhand to get 803 acres from Centre for industries
The Uttarakhand government is set to get ownership of 803 acres land from central PSU NEPA Limited in Udham Singh Nagar district, in a boost to the state’s plan to create a land pool to develop industrial areas in Terai.Updated: Jun 28, 2017 19:49 IST
The Uttarakhand government is set to get ownership of 803 acres land from central PSU NEPA Limited in Udham Singh Nagar district, in a boost to the state’s plan to create a land pool to develop industrial areas in Terai.
At a meeting on June 20, State Infrastructure and Industrial Development Corporation (SIIDCUL) and NEPA Limited signed a deed to this effect.
As per the deed, the PSU will have to transfer the land to SIIDCUL in the next one month at a cost of ₹96.67 crore.
NEPA Limited, headquartered in Madhya Pradesh’s Burhanpur, owned the land at Hempur Kashipur for decades to maintain its reserves stock of plantations to feed its newsprint and paper mill at Nepa Nagar.
At present, nearly half of the 803 acres of the land is having eucalyptus plantations on it.
“Land pool availability with the state is a major criteria for getting central government industrial development projects,” said SIIDCUL managing director R Rajesh Kumar.
Kumar said the NEPA land would be used for creating pollution free or green industrial zone in the Tarai region.
“However, it can happen only a month after we get possession of the land,” he said.
“A master plan will be prepared after a formal feasibility survey as to the categories of green industrial units could be accommodated at NEPA land subject to qualification of standards of environment impact assessment.”
First Published: Jun 28, 2017 19:49 IST