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GIDC looks to e-auction five lakh sq mtr of SEZ land

Tuesday, 16 Mar 2021
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The Goa Industrial Development Corporation (GIDC) has decided to try and auction off at least five lakh sq mtr of industrial land at Verna through the e-auction route.

GIDC was unable to identify a consultant to auction the land repossessed from promoters of the special economic zone (SEZ).

In its proposal to the state government, it has submitted that the plan could be executed through the e-auction platforms of the National Informatics Centre (NIC) or a public sector bank.

The five-member committee that had been appointed to select a consultant for marketing the SEZ land has now been tasked with overseeing the e-auction process.

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