Tata Steel to ink Rs 5-billion pacts for Gopalpur SEZ over 2 months

Definitive pacts with four investors will be signed shortly and construction on their units will take off by January 2019

Tata Steel Special Economic Zone Ltd (TSSEZ) aims to execute definitive agreements with four investors within two months for its multi-product industrial park at Gopalpur in southern Odisha. The investments are valued at Rs 5 billion. These will flow from domestic companies in chemicals, food processing and apparel. 

The industrial park, sprawled over around 3,000 acres, is made up of two components -- a Special Economic Zone (SEZ) notified for 1,235 acres and the rest being Domestic Tariff Area (DTA). The investors will install their units within the DTA where TSSEZ is the anchor investor and is providing plug and play