VI. SIGNING OF SUB-LEASE DEED AND INFRASTRUCTURE AGREEMENT

Before the expiry of the MoU, the customer has to sign a sub-lease deed and infrastructure agreement with TSSEZL. Before signing the sub-lease deed and infrastructure agreement, the customer has to pay the remaining 75% of the total consideration. After obtaining necessary approval from Government authorities including the local development authority, the customer can do ground-breaking and commence project construction work.

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V. SECURING APPROVAL AND DUE DILIGENCE

The prospective customer hasto apply for project approval in the GoSwiftportal of Government of Odisha. Generally, the Government of Odisha (GoO) provides all the approval in 30 days. At the same time, the customer can also conduct a due diligence of the property on its own or by a law firm.

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IV. SIGNING OF MEMORANDUM OF UNDERSTANDING (MOU)

If the customer agrees to the plot option and commercial offer, a Memorandum of Understanding (MoU) is signed between TSSEZL and the prospective customer. The customer has to pay a non-refundable advance of 25% of the total consideration, i.e., the one-time premium for land and infrastructure facilities. The validity of the MoU will be for a period of 3 months.

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III. COMMERCIAL OFFER

Once the prospective customer freezes the plot option, the commercial offer is prepared. The commercial offer consists of the land premium, common infrastructure premium, premium for utility infrastructure, pay per consumption of utilities and miscellaneous fee, if any.

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II. VISIT TO THE SITE

Once the project feasibility is determined by TSSEZL, it facilitates the site visit of the customer to Gopalpur Industrial Park. The prospective customer is given an overview of the various infrastructure facilities, existing operational units and the nearby social infrastructure facilities during the visit. The proposed plot options are marked for the customer to inspect and decide

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I. APPLICATION FORM

To begin with , a prospective customer has to fill up an application form (link here) and share with Tata Steel Special Economic Zone Limited (TSSEZL). The application form captures information related to the customer, nature of business, land and infrastructure facilities demand, project details etc. TSSEZL collects such information only to assess the feasibility of the project in Gopalpur Industrial Park and to prepare a commercial offer.

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Gain the advantage

The Tata promise

GIP is presented by the Tata Group, renowned for its transparent dealings. GIP extends the same promise to you.

Easy land transfers

The land is already acquired through Government of Odisha and can be transferred to you in a jiffy.

Surprisingly well-connected

Need proximity to national highway, rail network, prime seaports, airstrip and airports? You want it, we have it.

Stand with the environment

MOEF & CC approvals in place including red category industries

Plug & Play or otherwise

GIP will develop a robust infrastructure with plug & play facilities.

We mean business

GIP team partners with businesses to obtain regulatory approval swiftly.

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