deepak pace
DJ_DEE
Hyderabad, January 20
As fallout of the massive fraud in Satyam Computers, Andhra Pradesh government has cancelled allotment of 50 acres of land given to the software company in the port city of Visakhapatnam for establishing an information technology special economic zone (SEZ).
As part of initiatives to promote IT development in Tier-II cities, the Congress government had issued an order in December last year, allotting the land at Kapuluppada village near Visakhapatnam to Satyam. However, the company was yet to take possession of the land. After the scandal came to light, it was decided to cancel the allotment, official sources said.
The Visakhapatnam District Collector Sanjay Kumar wrote to the government recently that the land, located on the Visakhapatnam-Bheemunipatnam beach road, was required for use by the Navy and it could be allotted to them. The state government accepted the collector's proposal and decided to cancel the allotment made to Satyam. Visakhapatnam is the headquarters of eastern naval command. The officials fear that Satyam may not be able to execute the IT SEZ project in view of the present crisis. Satyam was also allotted around 6.55-acre land at Resapuvanipalem in Visakhapatnam in 2005 for setting up an IT Park. The company had signed a memorandum of understanding (MoU) with the government in May 2005 in this regard. The Chief Minister YS Rajasekhara Reddy had inaugurated the phase-1 building in the IT Park in 2007.
Meanwhile, Satyam spokesman Hari Thalapalli said the company had not received any official communication from the government regarding cancellation of the allotment.
As fallout of the massive fraud in Satyam Computers, Andhra Pradesh government has cancelled allotment of 50 acres of land given to the software company in the port city of Visakhapatnam for establishing an information technology special economic zone (SEZ).
As part of initiatives to promote IT development in Tier-II cities, the Congress government had issued an order in December last year, allotting the land at Kapuluppada village near Visakhapatnam to Satyam. However, the company was yet to take possession of the land. After the scandal came to light, it was decided to cancel the allotment, official sources said.
The Visakhapatnam District Collector Sanjay Kumar wrote to the government recently that the land, located on the Visakhapatnam-Bheemunipatnam beach road, was required for use by the Navy and it could be allotted to them. The state government accepted the collector's proposal and decided to cancel the allotment made to Satyam. Visakhapatnam is the headquarters of eastern naval command. The officials fear that Satyam may not be able to execute the IT SEZ project in view of the present crisis. Satyam was also allotted around 6.55-acre land at Resapuvanipalem in Visakhapatnam in 2005 for setting up an IT Park. The company had signed a memorandum of understanding (MoU) with the government in May 2005 in this regard. The Chief Minister YS Rajasekhara Reddy had inaugurated the phase-1 building in the IT Park in 2007.
Meanwhile, Satyam spokesman Hari Thalapalli said the company had not received any official communication from the government regarding cancellation of the allotment.
