Vedanta to set up university in Orissa

Vedanta to set up university in Orissa at cost of Rs. 4,500 crore Tuesday, April 18, 2006 Bhubaneswar: Vedanta Resources Plc, a London stock exchange-listed industrial house is going to establish multi-disciplinary university in Orissa at the cost of Rs 4,500 crore. A team of Vedanta Resources Plc today meets Chief Minister Naveen Patnaik at Bhubaneswar to select a suitable site for its proposed university. The team also made a presentation before Chief Minister Naveen Patnaik here today.

VRP Chairman Anil Agarwal told media person at Bhubaneswar that "We want to establish a university that will be of the calibre of leading institutes such as Harvard, Stanford and Oxford.” Agarwal along with a team of A T Kearney limited, a global management consultancy, met Patnaik and Chief Secretary Subas Pani to inform them of their priorities for the university. "We will invest one billion dollar and require 5,000 acres of land for the proposed university", Shuhag Ghosh of A T Kearney said. Ghosh said the institute would be multi-disciplinary having liberal arts, basic sicence, engineering, medicine, law, business and performing arts.She said the college would include graduate, post-graduate and doctoral programmes.

The campus would have several facilities, including a stadium built to international specifications. Orissa is one of the states where Vedanta is looking to set up the university. As the group has set up an aluminum plant at Lanjigarh, they are interested in setting up the university in the State, added Mr. Agarwal. Orissadiary