Laser Power & Infra Ltd has received a provisional Letter of Intent (LOI) from the West Bengal Industrial Development Corporation (WBIDC) for the allotment of approximately 40 acres of land at Vidyasagar Industrial Park, Kharagpur.
📍 Location: Vidyasagar Industrial Park, Kharagpur, West Bengal
📐 Land: ~40 acres
📜 Lease: 99-year long-term lease
🏭 Proposed Products: Integrated power cables & conductors
The proposed facility is expected to support the company’s manufacturing capacity expansion while improving supply-chain efficiency and strengthening its presence in the power transmission and electrical infrastructure segment.
The land allotment is currently provisional and remains subject to the terms and conditions of the LOI. The company will need to complete the prescribed formalities before execution of the lease and commencement of the project.
⚡ A new cable manufacturing facility at Kharagpur could further strengthen West Bengal’s industrial ecosystem while supporting the growing demand for power transmission and electrical infrastructure in India.
Source: Wire & Cable India
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