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Pharma Park to come up at Fatehgarh Sahib

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The Covid-19 pandemic has taught many lessons. Realising that one has to be self-reliant as far as medical equipment or medicines are concerned, the state government is planning to come up with a Pharma Park at Fatehgarh Sahib, initially on about 130 acre of land.

 

Cycle Valley project

 

To provide uninterrupted power supply to Cycle Valley, 30 acres of land has been allotted to the PSPCL for setting up of 400KVA sub-station. The work of internal development of remaining 250 acres has been started at the site and will be completed within 15 months, i.e. up to August 31, 2021. The PSIEC is planning to put up a 50-acre undeveloped chunk of land on e-auction very soon. — Sumin Jarangal, MD, PSIEC

 

Talking to The Tribune, MD, PSIEC, Dr Sumin Jarangal said in first phase, 130 acres of land had been purchased by the government. In the second and third phase, 370 acres and 500 acres of land, respectively, would be acquired, Dr Jarangal said.

“Many pharmaceutical companies have approached the state government and are willing to operate their plants here. Within next 2-3 months, much will be done and people in the region will see the work at ground-levels. This park will have its own effluent treatment plant, which all Pharma companies ask for before entering into any venture. We are planning that the Central Government also puts its share into it but even if it does not, the state government is committed to make it a reality in the next two years,” said Dr Jarangal, who visited the site at Fatehgarh Sahib. The government acquired the panchayati land for about Rs 40 lakh per acre.

Source :tribuneindia

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