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EoIs invited for Integrated Silk Park in West Bengal

Friday, 20 Dec 2013
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The West Bengal Small Industries Development Corporation (WBSIDCL) has invited EoIs for development of Integrated Silk Park in Malda district of West Bengal.

 

EoIs have been invited for development of Integrated Silk Park at Madhughat on Siliguri-Kolkata (NH-34) in Malda district of West Bengal in PPP mode.

 

For implementation of the project, WBSIDCL will form a JV company (SPV) with the selected private partner. The JV company shall have an initial paid up capital of three crore. WBSIDCL will hold 26% stake in the initial paid up capital of the SPV and will also hold 26% voting rights at all times.

 

The selected private partner shall complete all the financial and legal requirements regarding formation of the SPV

 

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