IDCO starts construction of boundary wall at Posco site
Bhubaneswar: The Odisha Industrial Infrastructure Development Corporation (IDCO) on Monday started construction of a boundary wall at the abandoned Posco steel project site in Jagatsinghpur district.
On the first day of construction work at Nuagaon gram panchayat, no local resistance was reported. The Abhayachandpur police and Assistant Tahsildar of Erasama closely monitored the progress of the work.
The IDCO authorities have decided to build the boundary wall at the 1,700 acres of land, earlier meant for the Posco project, to prevent encroachers.
The boundary wall is likely to be built around 18 km covering adjacent villages Nuagaon, Govindapur, Polanga, Gadakujanga and Baynapala at an estimated cost of Rs 13 crore. As per reports, an Odisha-based company has been assigned with the work.
Earlier, IDCO had included the land into its land bank for future industrial purpose after the South Korean company withdrew from its project.