ITDC bags Rs 550 crore infra project in Andhra Pradesh

The India Tourism Development Corporation (ITDC) has bagged a Rs 550 crore project for infrastructure development in Andhra Pradesh.
ITC signed the MoU on April 10 with Hyderabad-based firm Suraas Impex Pvt. Ltd. for developing a Mega Tourism Destination project at Bhairav Lanka in Kakinada, East Godavari District.
This is the first of its kind project for the state-owned ITDC, which got preferred against several private contenders.
ITDC will be the consulting agency as well as implementing agency for the detailed project report (DPR) and the execution which will be taken up in three stages from preparing the DPR to the implementation of the project in two phases.
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 the development of Tourism infrastructure projects from concept to commissioning. It provides services to Ministry of tourism and State Tourism Departments.
Suraas Impex Pvt. Ltd. is engaged in trading, renewable energy power generation & hospitality etc.
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