EDI building to be restored at  10 crore
File Photo

EDI building to be restored at 10 crore

State government has approved the restoration of Jammu and Kashmir Entrepreneurship Development Institute (EDI) building in Pampore at a cost of around Rs 10 crore and the restoration is to be completed in six months.

State government has approved the restoration of Jammu and Kashmir Entrepreneurship Development Institute (EDI) building in Pampore at a cost of around Rs 10 crore and the restoration is to be completed in six months. The building had suffered massive damage in a 48-hour long gun-battle between militants and forces recently.

The EDI management had requested Chief Engineer Roads and Buildings (R&B) Kashmir to constitute a committee to calculate the losses and estimates of restoration.

"The committee calculated the losses and accordingly a Detailed Project Report (DPR) was submitted to the Government for approval," Director EDI, Muhammad Islmail Parray, told Greater Kashmir.

"Government has given primary approval to start works at a cost of Rs 9.50 crore. It will be restored to its original position in six months. The tenders will be issued for civil works in a couple of days," Parray said.

Parray also said that Rs 1.75 crore has been approved for setting up Information Technology related equipments and furniture.

The institute has Rs 70 crore insurance policy with a Chandigarh based insurance company.

"The insurance company team has already assessed the losses and communication is on with them. We are hopeful about that amount as well, so that we can restore this institute which has helped young entrepreneurs to set up their own business."

The foundation stone of the institute was laid by then Chief Minister Ghulam Nabi Azad on October 22, 2007. Two years later on October 15, 2009, it was inaugurated by then Chief Minister Omar Abdullah after the campus was developed at a cost of Rs 17 crore including civil works.

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