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ITDC bags a big project


The state-owned India Tourism Development Corporation has bagged a prestigious 550 crore rupees project for developing a Mega Tourism Destination at Bhairav Lanka in East Godavari District of Andhra Pradesh.

ITDC has signed a memorandum of understanding (MoU) with Suraas Impex Pvt. Ltd. Hyderabad based firm, for developing the first-of-its-kind project. ITDC has bagged the project beating several private contenders.

Suraas Impex Pvt.Ltd is a Hyderabad based firm engaged in trading, renewable energy power generation & hospitality domains.

ITDC will be the consulting agency as well as implementing agency for the DPR and the execution which will be taken up in three stages preparing the DPR, Implementation of project and implementation of the second phase of the project.

A statement from the tourism ministry on Saturday has confirmed the project details.

ITDC has completed 67 infrastructure projects for the Ministry of Tourism, Ministry of Culture and various state governments so far. 

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