Investment25 Mar 2026, 01:43 pm
Pakka Ltd. Receives Letter of Comfort (LOC) from Uttar Pradesh Cabinet for Rs. 224.47 Crores
AI Summary
Pakka Ltd. has received approval for a Letter of Comfort (LOC) from the Uttar Pradesh Cabinet for an investment of Rs. 224.47 crores in their 'Jagriti Project'. The LOC was approved in a meeting held on 23rd March, 2026 and will be given in 15 years from the date of commercial production of the project. The fiscal incentive was applied for on 23rd July, 2025 under the Uttar Pradesh Industrial Investment and Employment Promotion Policy, 2022.
Key Highlights
- Pakka Ltd. receives Letter of Comfort (LOC) for Rs. 224.47 crores from Uttar Pradesh Cabinet.
- The LOC is for the 'Jagriti Project' of the company.
- The approval was given in a meeting held on 23rd March, 2026.
- The fiscal incentive will be given in 15 years from the date of commercial production.
- The application for the incentive was made on 23rd July, 2025 under the Uttar Pradesh Industrial Investment and Employment Promotion Policy, 2022.