Nagpur: Patanjali Ayurved Limited will pump more than RS 300 Crore for the food park project in Nagpur from its own source because it gets funds through Finance Bank has been postponed.
Acharya Balkrishna, Managing Director of Patanjali Ayurved, said, “The initial RS300 to RS400 Crore which may be needed for the project in Nagpur will be pumped by the company.
We can hope that production can begin at the end of December.” Patanjali Food and Herbal Park Nagpur Private Limited, a The company under Patanjali Group, has risen 232 hectares in the non-sez mihan section through auction.
The land breaker ceremony was held in 2017 but the project could not be started in the time announced.
Teacher Yoga Baba Ramdev has stated to start production immediately after the ceremony.
However, the work was delayed due to the crisis of funds and other reasons.
On Thursday, Deepak Kapoor, Managing Director of the Maharashtra Airport (MADC) development company that developed the Mihan project, has visited the site.
He has directed company officials that production must begin in December 2021.
Balkishna told TII that even when the company tried to start plants with deadlines, even MADC had to do its part.
Patanjali has received an extended deadline until December 21 this year.
Balkrishna said a road that connects Patanjali land in Mihan has not been built.
According to him, construction material can only reach the site after a long turn of 20 km from the side of the hingna.
He said a shorter road connecting the side of the plant from the village of Sumthana had not been built.
“Even though access to the ground comes from the SEZ side, the material cannot be moved from there according to the rules.
Even the power connection needed for the Indudstiral unit has not been provided,” he said.
A senior MADC official who was responsible for infrastructure work said there were two roads that reached the side.
“Both of them come to the outer ring road from the place of Mihan can be achieved.
Working on Jalan Sumthana mentioned by Acharya Balkishna is not directly related to the project,” the official said.
The road is part of the infrastructure that will be available for projects affected projects (PAPS) given by the land plot in the ratio of 12.5% of their ownership is taken over.
According to officials, using the road will definitely reduce a distance of 8 to 10 km to reach the Patanjali site.
“Until then a longer route can be used,” said the official.
Working on Jalan Sadana was postponed for four land owners who were part of the land had to be obtained refusing to give up.
The problem has been resolved and their land will be charged mandatory.
The official said the company has been given the power needed for construction sites.
Industrial connections can be given when plants are ready.
“The company must approach MSEDC for that,” said officially.
Patanjali invested RS 300crore for food parks from their own sources in Nagpur
