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Bhubaneswar: Videocon Industries Limited on Friday unveiled an Rs 15,000-crore investment plan for Orissa.
The plans aims to set up a port, a 1,000-Mw thermal power plant and an information technology (IT) and logistics park, including a mobile manufacturing unit.
"We have picked up Orissa as an investment destination because of its proactive industrial policy, competitive advantage and good regional connectivity", said Director Anirudh Dhoot. "The plant would run on imported coal from Indonesia, where we have our mines", he said.
The company has appointed consultants-Infrastructure Leasing & Financial Services Limited and Ernst & Young-to carry out an extensive study on the location of the port and to provide advisory services for the project. The company also plans to set up an IT and logistics park close to Bhubaneswar.
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