GMR, GVK projects set to get land in TN

GMR, GVK projects set to get land in TN

The Tamil Nadu Industrial Development Corporation (Tidco), the government agency working on identifying and promoting establishment of large and medium scale industries in the state, is in the process of procuring and alloting land for two major special economic zone projects - one by GMR Infrastructure Ltd and another by the GVK Group.

A multi-product SEZ of about 2,800 acres in Krishnagiri district was proposed by Tidco and GMR Infrastructure Ltd (GMR) through the JV company - GMR Krishnagiri SEZ Ltd - with an estimated investment of about Rs 2,300 crore.

About 1,300 acres of patta lands were procured in the name of the JV company on their own for implementing the project. The JV has requested for transfer of about 600 acres of government land in its favour through Tidco to make the proposed project area contiguous. Action to transfer the government lands in favour of Tidco to lease these lands to the JV company, has been initiated, the industries department said.

With the Centre issuing a notification to revise the minimum area required for multi-product SEZ to 500 hectares (1,250 acres), the company has proposed to develop the project on about 1,553 acres, including 1,153 acres of private patta lands and about 400 acres of government poramboke lands. The SEZ will tentatively focus on aerospace (defence), automobile and precision engineering. Further, it is proposed to implement a project for electronics manufacturing clusters on 527 acres.

Hyderabad-based GVK Group is developing a multi-product SEZ incollaboration with Tidco in Perambalur on around 3,000 acres with the objective of stimulating industrial and economic activities in backward districts.

The project company has procured around 2,900 acres of private patta land through private negotiation. The site area consists of around 45 acres of non-water course government, poramboke and 22.42 acres of HR&CE lands in bits and pieces.

The company has paid for leasing of these lands to form contiguity according to the requirement of SEZ stipulation. Government orders have been issued for alienating the land and Tidco is in the process of leasing the lands to the project company.

The project company has completed the topographical survey, soil investigations, environmental impact assessment (EIA) study, etc. A detailed project report and a market survey have also been completed by Mahindra Consulting Engineers for the project.