Rs.550 crores project bagged by ITDC for developing infrastructure in Andhra Pradesh
India Tourism Development Corporation (ITDC) signed a MoU on 10th April 2018 with Hyderabad based firm M/s Suraas Impex Pvt. Ltd. for developing a Mega Tourism Destination project at Bhairav Lanka in Kakinada, East Godavari District of Andhra Pradesh at an estimated cost of Rs. 550 crores. This is the first of its kind project for the state owned ITDC, which got preferred against several private contenders.
preferred against several private contenders.
ITDC will be the Consulting Agency as well as Implementing Agency for the DPR and the execution which shall be taken up in three stages i.e. preparing the DPR, Implementation of project costing around 550 crores and implementation of second phase of the project.
ITDC has been the prime mover in the progressive development, promotion and expansion of tourism in the country. The Division has completed 67 infrastructure projects for Ministry of Tourism, Ministry of Culture and various State Governments. The division has also prepared more than 85 DPRs for various tourism projects in the country.
The corporation provides Engineering Consultancy Services through its full-fledged Ashok Consultancy & Engineering Services Division. It undertakes development of Tourism infrastructure projects from concept to commissioning. It provides services to Ministry of tourism and State Tourism Departments. M/s Suraas Impex Pvt. Ltd. is engaged in trading, renewable energy power generation & hospitality etc.
You might also like
Malaysia Airlines Doubles its Capacity between Kuala Lumpur and Doha with a Second Daily Flight
Malaysia Airlines and Qatar Airways’ strategic partnership offers customers more choices and superior services via their leading hubs in KUL and DOH Malaysia Airlines is pleased to double its capacity
Fairfield by Marriott debuts in Seoul and adds to Select-Service brand presence with three properties
Marriott International’s Select-Service brands are proving to be an integral component of the company’s vigorous expansion in South Korea with five openings in this category over the last three years,
Government open to the idea of listing Air India
The Centre is open to listing ailing state carrier Air India, a government source said on Wednesday, after failing to attract buyers for a 76 percent stake in the company.
