Deal #664

Location #1

Spatial accuracy level
Coordinates
Location
Andhra Pradesh, Nellore District

Latitude
14.437340078585587
Longitude
79.97360229492188
Target country
India
Comment on location
Andhra Pradesh, Nellore District Coordinates: 14.437340078585587, 79.97360229492188

Land area

Intended size (in ha)
1133
Size under contract (leased or purchased area, in ha)
[1997] 1133
[2012] 1023
Comment on land area
In the given sources, the project area is 1023 ha but the notified area is only 1000 ha

Intention of investment

Intention of the investment
Food crops, Livestock, Other (please specify)
Comment on intention of investment
Agribusiness Special Economic Zone with processing units

Nature of the deal

Nature of the deal
Outright Purchase

Negotiation status

Negotiation status
[1997] Concluded (Contract signed)
Comment on negotiation status
IFFCO Kisan SEZ has been notified on 19-04-2010.

Implementation status

Implementation status
[2011] Startup phase (no production)
[2014] Startup phase (no production)

Purchase price

Comment on purchase price
very low price

Contract farming

Contract farming
Yes
On leased / purchased area
Yes

Number of total jobs created

Jobs created (total)
Yes
Planned number of jobs (total)
10000

Operating company

Name of investment project
IFFCO Kisan SEZ (IKSEZ)
Comment on investment chain
It proposes to develop an intensive dairy through a Special Purpose Vehicle (SPV) consisting of IFFCO Kisan SEZ-Fonterra-Global Dairy Health consortium.

 

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Data source #1

Data source type
Government sources
File
Date
2005-01-01
Comment on data source
Indian Ministry of Commerce & Industry, Department of Commerce, "List of formal approvals granted under the SEZ act, 2005"

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Media report
File
Date
2012-07-26

Data source #4

Data source type
Media report
File
Date
2008-01-03

Data source #5

Data source type
Company sources
File
Comment on data source
accessed: 2014-05-30

Data source #6

Data source type
Company sources
File
Comment on data source
accessed: 2014-05-30

Data source #7

Data source type
Media report
File
Date
2014-06-30

Data source #8

Data source type
Other (Please specify in comment field)
File
Date
2014-10-09
Comment on data source
Online Database

Detailed crop, animal and mineral information

Crops area
Rice, Vegetables (unspecified)
Livestock area
Dairy Cattle, Poultry

In country processing of produce

In country processing of produce
Yes

Water extraction envisaged

Water extraction envisaged
Yes
Comment on water extraction envisaged
Construction of water pipeline from Kanigiri reservoir to project site

Source of water extraction

Source of water extraction
Surface water ()

Jan. 5, 2016, 6:17 a.m.

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May 30, 2014, 6:40 p.m.

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May 13, 2013, 12:23 a.m.

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Feb. 15, 2013, 5 p.m.

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