India Broadband Forum

India Broadband

Govt. of Uttaranchal, through its Sate Industrial Development Corporation (SIDCUL) has invited IDEB, Bangalore headquartered infrastructure conglomerate to develop an IT Park through a joint venture on the basis of 51% and 49% respectively. IDEB shall also be the EPC contractor for the projects.

IDEB is an infrastructure conglomerate headquartered in Bangalore with a pan India operation targeting a group revenue of 1000 crore by FY 07. It is involved in Engineering, Construction, Real Estate, Hospitality & Manufacturing. IDEB landmark include Sigma Soft-Tech Park in white field, Sigma mall on Cunningham road, Springfields, a 551 apartment residential complex on Sarajpur road, Tivoli, a high rise built-to-suit residential complex on white field road, 56 km road works on BOT basis at Maler Kotla, Punjab and 5.2 km elevated viaduct for Delhi Metro Rail Project, in addition to five railway stations, namely Inderlok, Ashok Park (main),

Punjabi Bagh (East), Shivaji Park, Madipur on Inderlok-Mundka Corridor for Phase II of Delhi Metro Railways. SIDCUL, a Govt. of Uttaranchal enterprise, was incorporated as a limited company in the year 2002 with an authorized share capital of Rs. 50 crores and Rs. 20 crores paid up capital thro Govt. of Uttaranchal in order to promote industrial development in the state, provide financial assistance in the shape of debt, equity venture capital, develop infrastructure and assist private initiative in Industry and infrastructure & implement, manage projects and provide specilaised financial, consultancy and construction and all such others activities to promote industries and develop industrial infrastructure in the state of Uttaranchal directly or through special purpose vehicle, joint ventures, assisted companies etc.