Eight to ten prospective anchor investors in sectors like engineering and downstream industries have evinced interest to invest on the Gopalpur Special Economic Zone (SEZ) being developed by Tata Steel on over 3000 acres of land.
“We are keen on developing the Gopalpur SEZ. Eight to ten anchor investors have evinced interest in the proposed SEZ but the scale of investment are yet to be worked out”, H M Nerurkar, managing director, Tata Steel told reporters after emerging out of a meeting with state Chief Minister Naveen Patnaik at the state secretariat.
On the company's six million tonne per annum greenfield steel plant at Kalinga Nagar, he said, “Work is going on for the Kalinga Nagar steel plant. Steel production at the plant will begin within three years. Both the state government and the locals are giving us a good support to execute the project. We have already shifted around 850 families and the remaining 350-odd families are in the process of being displaced.”
He said that Tata Steel is investing Rs 30,000 crore on various projects in Orissa.
The company which is playing the role of an anchor tenant for an industrial park to come up on 3200 acres of idle land at Gopalpur, would immediately start work on two projects- a 50,000 tonne per annum ferroalloys plant and 4,00,000 tonne per annum bar mill there.