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Odisha needs 60,000 acres for ongoing projects

Fri, 01st Apr 2016 (Source:The Hindu)

The Odisha government needs over 60,000 acres of land in order to facilitate ongoing development projects, including industrial ventures.

In response to a query, State Industries Minister Debi Prasad Mishra informed the State Assembly on Thursday that the Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL) had assessed land requirement for different projects and as per the assessment, nearly 55,000 acres would be required by industries alone.

Applications have been moved for acquisition of 56,797 acres. Ironically, 36,779 acres belongs to private individuals. Mr. Mishra added that 18,607 acres has already been allotted to project executing agencies.

Jindal Steel and Power Limited in Angul district, Bhushan Steel Limited in Dhenkanal, Tata Steel Limited in Jajpur and Vedanta Aluminium Limited Jharsuguda are the major industrial projects whose land requirement has been assessed as above 3,000 acres each. Indian Oil Corporation has also been allotted 3,351 acres.

The government has made a big move to create a land bank for industries and important projects in the State. At present, the Odisha Space Application Centre (ORSAC) has identified a massive 2,37,425 acres as having potential for becoming part the land bank project.

The Odisha Industrial Infrastructure Development Corporation, a nodal agency for providing industrial projects, has filed a requisition proposal for 79,025 acres of land, both government and non-government, with different revenue departments.

Mr. Mishra said that in order to attract investments in industrial projects and ensure timely take up of industries as per the Industrial Policy Resolution 2015, the government had decided to identify suitable patches of land, both government and private, in areas having industrial potential and future requirement to keep it under one basket with a ‘ready-to-use’ status.

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