ITDC signs MoU with Hyderabad Based Suraas Impex

India Tourism Development Corporation (ITDC) Ltd, the public sector undertaking under the aegis of Ministry of Tourism, signed a MOU with Hyderabad based  M/s Suraas Impex for developing a  mega tourism destination project at Bairav Lanka in Kakinada, East Godavari District of Andhra Pradesh for an estimated cost of Rs 550 crores in the initial phase-I. This project is the first of its kind for the State- owned ITDC with any private player. During the MoU signing ceremony, dignitaries who were present included Ms Ravneet Kaur, IAS, Chairperson and Managing Director (C&MD), ITDC; Piyush Tiwari, Director (Commercial & Marketing), ITDC and Ravi Pandit, General Manager, Ashok Consultancy & Engineering Services (ACES), ITDC among other eminent officers from Suraas Impex.