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Govt allocates land to TIPL

 MPost |  2016-07-23 00:13:09.0  |  Kolkata

The state government has allotted 4.80 acres of land to Tractors India Private Limited to set up a green/orange industry in Asansol. The estimated cost of the project is Rs 50 crore. The project will come up in KSTP Industrial Estate on a plot of land belonging to the Asansol Durgapur Development Authority (ADDA). The standing committee of the Cabinet on Industry, Infrastructure and Employment in its meeting held on July 4 approved the proposal of allotment of land.

TIPL has procured the land through e-auction which was conducted by ADDA. The joint secretary to the state government had issued an order in this regard. The land will be leased out to TIPL.

TIPL, being an authorised sales and service provider to Caterpillar equipment for construction, mining and several infrastructure applications, has partnered with India’s infrastructure growth and eventually has emerged as one of the leading providers for a wide range of equipment that represent some of the finest in global technology. A senior state government official said there would be direct and indirect employment due to setting up of the industry.

He said the land bank prepared by the state government had given a clear picture of the district-wise availability of land. In case of the proposed township, promoters will have to procure land through e-auction. The government would make infrastructure up to the boundary wall of the proposed townships.

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