DSIIDC to float liquor trade firms
July 31st, 2011 - 5:01 pm ICT by IANSNew Delhi, July 31 (IANS) The Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) has decided to float four new companies, including one for imported liquor trade and another to run the liquor vends, its chairman and managing director Chetan Sanghi said here Sunday.
“While one of the four companies will take care of maintenance of industrial estates, another will be importing choicest of liquor brands from across the world. The other two companies will foray into providing energy solutions and running its existing liquor vends in the capital,” Sanghi, an Indian Administrative Service (IAS) officer, said in a statement.
“The four companies - DSIIDC Energy, DSIIDC Liquor, DSIIDC Maintenance and DSIIDC Impex - will be wholly-owned subsidiaries of the DSIIDC. We are starting these companies with an initial equity of Rs.1 crore each. We are in process of appointing managing directors to the four entities,” he said
The DSIIDC has already signed agreement with two industrial estates - Bawana and Narela - for their maintenance for next 15 years at a cost of Rs.27 crore per year on public-private partnership basis.
Similarly, the corporation will soon start maintaining 28 industrial estates that are currently maintained by the Municipal Corporation of Delhi. DSIIDC Maintenance Limited is likely to take up these projects in its fold.
The DSIIDC earlier used to export human resource to the middle-east and various other countries and import minerals.
“But for some reason, it was discontinued. We are going to revive it again. But initially, the DSIIDC Impex will focus on importing liquor brands,” Sanghi said.
The DSIIDC Energy Limited, he said, will provide energy services. The corporation has already executed two major projects - illuminating Jantar Mantar and Safdurjung Tomb - using solar energy.
“The corporation has already submitted its proposal to carry out similar lighting at Red Fort and Lotus Temple. Making office buildings energy-efficient is also on the corporation’s radar. We will take up such projects under the wings of DSIIDC Energy Limited,” he added.
- Redevelopment of Delhi's industrial estates on PPP mode - Dec 17, 2011
- DSIIDC to set up more industrial projects in Delhi - Jul 24, 2011
- DSIIDC wants service sector in industrial estates - Jan 01, 2012
- DSIIDC to develop four industrial estates - Nov 27, 2011
- DSIIDC allots 304 industrial plots - Mar 19, 2011
- Delhi industry bodies attack mayor - May 15, 2011
- Delhi to provide shelter to migrant workers - Jan 08, 2012
- South African team envisages interest in low-cost housing scheme (With images) - Jan 24, 2012
- DSIIDC achieves highest ever profit - Jun 28, 2011
- DSIIDC makes highest Rs.45 crore profit in 2009-10 - Jul 04, 2010
- Industrial redevelopment: Delhi government blames MCD, DDA for delay - Nov 20, 2010
- Shakti Sinha is new DSIIDC CMD (With Image) - Jun 26, 2012
- First liquor shop opens in Delhi mall - Apr 09, 2010
- Delhi's 22 industrial areas to be redeveloped - Jul 18, 2010
- DSIIDC allots 51 industrial plots - Sep 22, 2011
Tags: bawana, delhi state, dsiidc, energy services, energy solutions, foray, impex, indian administrative service, infrastructure development, initial equity, jantar mantar, liquor brands, liquor trade, lotus temple, maintenance limited, major projects, municipal corporation of delhi, partnership basis, public private partnership, using solar energy