Plots of HPSIDC to be e-auctioned: Industries Minister
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While presiding over the meeting of the Board of Directors of the Himachal Pradesh State Industrial Development Corporation (HPSIDC) today Industries Minister Harshwardhan Chauhan directed to implement the e-Auction method for auctioning of plots in the Industrial Area Baddi, Industrial Estate Davni and other locations under the Corporation across the state. This step is aimed at enhancing transparency and efficiency in the auction process.
Industries Minister expressed satisfaction over the corporation’s net profit of Rs. 10.25 crore in the financial year 2023-24, reflecting the organization’s continued growth and financial stability.
The Managing Director, HPSIDC Rajeshwar Goel apprised the Board that the FASAD (face lift) work of the New Himrus Building would be undertaken based on a state-of-the-art design. He also informed that the corporation has taken necessary steps to facilitate the transfer of land in Industrial Estate Davni. Regarding the Nalagarh area, it was apprised that both commercial and residential plots would be developed as part of the corporation’s strategic expansion plans.
During the meeting, the Annual Accounts for the financial year 2021-22 were approved by the Board. The BoD also approved the Business Plan and Resource Forecast for the financial year 2024-25 of the Corporation.
