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Home States / UT East

Haldia Development Authority Waits for Govt Approval to Transfer 130 Acres of Land to 32 Industries

By: Editorial Desk

by Editorial Desk
May 27, 2025
in East, Governance, Industry
Reading Time: 2 mins read
Over 30 industries, including IOCL and Patanjali, are seeking land transfers from the Haldia Development Authority to establish new factories, with projects worth Rs 3655 crore stalled. The delay in approvals for 130 acres of land is preventing significant investment and job creation near Haldia port.

Over 30 industries, including IOCL and Patanjali, are seeking land transfers from the Haldia Development Authority to establish new factories, with projects worth Rs 3655 crore stalled. The delay in approvals for 130 acres of land is preventing significant investment and job creation near Haldia port.

Summarize with:

Haldia: Several industries have asked for land transfer in Haldia from the government to set up new factories. A total of 32 large and mid-sized enterprises, as well as the Coast Guard, have applied for 130 acres of land.

These lands will be transferred from the Haldia Development Authority (HDA) land bank. It will require approval from the State Government cabinet.

All these industries are interested in land in Haldia to take advantage of the Haldia port. Most of these organisations have applied several times to HDA over the last two years.

However, no permission is coming yet, leading to an escalation of costs for these industries. In fact, they are willing to purchase lands from the HDA at the marked price only.

As per the administration, if these industries set up shop in Haldia, the government will earn Rs 335 crore. This includes the proposed lease for the land of the Haldia Indian Oil Corporation Ltd (IOCL) refinery.

These 32 organisations, including IOCL, have applied for 232 acres of land. The state government has sanctioned 104 acres of land in two phases for IOCL’s Rs 2500 crore project.

No sanction has, however, come for the remaining 130 acres of land in the last two years. A total of Rs 3655 crore worth of projects are stuck because of this.

In addition to IOCL, another Rs 1200 crore will be invested in projects of all sizes in the petrochemical sector.

Aegis Logistics plans to build a petroleum storage and handling unit for Rs 300 crore. For two years, they have been chasing 16.5 acres of land for this project.

Patanjali Food Products is also asking for another 15 acres of land for an investment worth Rs 300 crore.

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Summarize with:
Tags: Indian Oil Corporation Limited (IOCL)Industrial DevelopmentWest Bengal Government
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