Vedanta University to be set up in Orissa at Rs 15,000 cr

New Delhi, July 19 (UNI) Anil Aggarwal Foundation today announced it will set up Vedanta University in Orissa at Rs 15,000 crore, promising global standards of educational excellence.

''The Vedanta University will make global standards of educational excellence more accessible to the future generations of our country,'' said Vedanta Resources Chairman Anil Aggarwal.

The Government of Orissa has identified 8,000 acres of land near the Konark-Puri Marine Drive to set up the multi dsciplinary university.

The university, which claims to be based on a not for profit philosophy, has been conceived with an autonomous governance structure and also aims to boost the local economy by driving significant direct and indirect employment and economic value addition.

''This university will be the guiding light for thousands of students both national and international and will put in motion an immense knowledge revolution in the state,'' said Orissa Chief Minister Naveen Patnaik.

UNI ARB VJ HT2055