Disposal of Land Rule - RIICO

2. In case where the allotments are made prior to development of the area, lease
agreement shall be executed within 30 days from the date the area is declared
developed and the concerned Sr.DGM/SRM/RM thereof gives notice.
(Inserted as per IDC decision taken vide item 11 on 21.02.1998 and office
order No. IPI/F-1(9)2/82 dated 29 th October, 2003)
13. RE – SCHEDULEMENT The Chairman & Managing Director shall on being
OF INSTALMENT satisfied, revise the schedule of repayment of
14. WATER & POWER
outstanding instalments in genuine cases of sick
industrial units.
(Substituted as per IDC decision taken vide item 22
on 1.9.1999)
The Chairman & Managing Director may allow reschedulement
of due balance development charges
alongwith interest, on the case to case basis, in cases of
plots allotted for setting-up of institutions.
(Inserted as per IDC decision taken vide item 5 on
12.11.2002)
Rule 14(a) – Water
Where water lines are provided by the Corporation, it
will be provided upto the main roads only. The
applicants shall take water lines from the mains lines
opposite to their plots at their expenses.
Rule 14(b) – Power
(i) Power line of class upto 11 KV will be provided
upto the premises of the allottee at the cost of
RIICO. Thereafter, the cost of service line from the
power line to inside the premises shall be borne by
the applicant.
(ii) RIICO in no case will provide cost for the laying
of power lines above 11 KV class whether inside
or outside the industrial area.
(iii) Where sub-division of allotted plot has been
allowed by RIICO and a separate connection is
desired in such sub-divided plot, the complete cost
of electric connection would be borne by the
applicant. This condition is also to be incorporated
in the permission given for sub-division.
(iv) In case of load extension of an industry, all the
charges will be paid by the applicant and RIICO
will not bear the charges for allowing load
extension.
(v) In the case where electric connection is existing
and the plot has been transferred/ sold/ auctioned
and transferee/ purchaser requires a new
connection in the plot, all charges towards the
connection will be borne by the applicant. RIICO