Two copper plates of the early Pallava dynasty have been found in the lake, tracing its history to Langula Narasimha Deva (Langulya Gajapathi Raju) an Ganga Vanshi Odisha king, (Oddiya/Oriya raju) .
The Group has been promoted by Kolkata based businessmen and includes nine Iron and Steel making plants in Durgapur, Raniganj and Liluah in West Bengal; Rourkela in Orissa; Durg in Chhattisgarh and Saraikela in Jharkhand.