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Land Acquisition

Common Inner Banner _ Industry

Land Acquisition

IDCO is the nodal agency for acquiring and providing land to large Industries coming up in the State. Large-scale land acquisition is going on at strategic locations for establishment of medium/large projects. During the year, over an area Ac.438.85 of land has been acquired & allotted to both existing & up – coming MOU / NON- MOU projects. Major industrial projects which have been allotted land include:

Sl.No Name of the Projects District Area  in (Ac.)
1 AdityaAllumina (HINDALCO), MOU Sambalpur, Tahasil- Rengali 252.93
2 Tirupati Container (P) Ltd. Jajpur, Tahasil-Danagadi, Kalinganagar 85.00

So far, over Ac.67814.096 land has been allotted to both MOU/Non-MOU Industries in the state. The allottees include projects under Steel, Aluminum, Ferro Alloys, Cement, Power sectors etc.

Land Bank Scheme:

To attract investments in industrial projects and ensure growth of industries in Odisha, ready availability of suitable land is critical. IDCO is the Nodal Agency for creation of “Land Bank” and allotment of such land for Industrial and infrastructure projects including those needed for creating social infrastructure in designated Industrial Estate, Industrial Areas, Industrial Parks & Growth Centers etc. Under the Land Bank scheme, IDCO has identified Ac. 2,21,339.765 of land  covering 30 districts and requisition filed so far for alienation/acquisition with district authorities is Ac. 155836.755. Out of which, during the year(as on 31.12.2019) requisition filled for an area of Ac. 2915.802 & an area of Ac.259.271 land has been sanctioned in favour of IDCO under Category – A of the land bank scheme.

Financial achievement:

The turnover achieved by the Corporation is Rs.17436.79 crore (Provisional) as on 30.12.2019 against the target of Rs. 91540.74 crore for 2019 – 20.