Shapoorji Pallonji outlines Bengal plan

Investment A month after meeting CM at Writers’ Buildings,Group chairman writes to finance minister

Written by Express News Service | Kolkata | Published: August 26, 2012 3:56:58 am

Investment A month after meeting CM at Writers’ Buildings,Group chairman writes to finance minister

In a major development in the state’s industry sector,infrastructure major Shapoorji Pallonji has expressed interest to invest in different sectors in West Bengal. Shapoorji Mistri,the group chairman,in an official letter to state finance minister Amit Mitra,has conveyed the company’s interest in working in the state in several fields.

The letter expressing the company’s interest has come in the backdrop of the Tata Motors fighting a case over the Singur issue against the state government.

Significantly,the Mumbai-based Shapoorji Pallonji Group is the largest stakeholder in Tata Sons.

At a press conference today,Mitra read out the letter which stated that the group is interested to invest in sectors like healthcare,deep sea port,hydro-thermal power,commodity terminal,IT and infrastructure. The group,according to Mitra,has also shown willingness to participate in sectors like housing,aerospace and solar photo-voltaic cell

Significantly,a month ago,chairman Shapoorji Mistry had held a meeting with the state government and reportedly expressed his willingness to work in the state.

“The letter was sent to me so that I could ask all the departments to send an intimation to the company if any expression of interest is issued. So that they can submit their tenders. We have asked all the departments to inform the group about any EOI issued,” added Mitra.

He,however,said the state has already called tenders in sectors like roads and highways,ports and healthcare. Attempts will be made to ensure that the Shapoorji Pallonji Group participate in these ongoing tenders.

“There are some sectors where we are looking for investments through public private partnership (PPP) mode. EoI has also been issued. We will try and persuade the Shapoorji Pallonji Group to bid through tenders in these sectors,” Mitra said.

According to Mitra,options to set up new airports via PPP mode will also be explored by the Group. “The Group feels the state has the potential to be the gateway to South and South East Asian nations,which made them interested in deep sea ports.”

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