Visakhapatnam: Minister of Petroleum and Gas Rameswar Teli said that the development of the permanent campus of the Institute of Petroleum and Energy India (IIPE) in Visakhapatnam will take place so the delayed court case will be resolved.
He told the parliament in the query appointed by YSRCP MP V Vijayasai Reddy, saying that IRE currently functions from rented accommodation provided by the University of Andhra.
Keep in mind that the AP government has allocated 201.80 hectares of land in February 2019 and also submitted 175.74 hectares for IIPE.
The remaining 26.06 hectares of land have not been submitted to Iipe because of the court case.
Construction work for the boundary wall around the ground was handed over to IIPE ongoing through Andhra Pradesh Industrial Infrastructure Corporation (APIIC).
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The minister said that the Ministry agreed to RS’s capital expenditure.
655.46 Crore, the RS.
184.85 Crores have been released.
So far, RS.
51.50 Crore has been spent by IPHIP on capital expenditure for the creation of capital infrastructure on the temporary campus and compound wall construction on a permanent campus.
Permanent campus for Iipe Visakhapatnam will take place immediately: Minister
