Infrastructure,Infrastructure sector projects by Government of India in
Project Information
5198
Government of India
The government has cleared 28 big-ticket investment projects worth Rs 1.1 lakh cr, which have been stuck for years for want of numerous government clearances. The clearances would come as a relief for investors in 18 power projects with a generation capacity of 15,500 mw, four highway projects worth Rs 4,400 crore, and a Rs 1,200-crore steel plant in Odisha. The coal ministry has agreed to sign fuel supply agreements for all these projects by August 31. Three critical railway lines in poorly connected states such as Chhattisgarh, Mizoram and Assam, with an investment outlay of over Rs 7,100 crore, have secured the requisite clearances to finish construction. Petroleum distillation units worth Rs 1,419 crore, being set up by Bharat Petroleum, have also got the go-ahead. Finance Minister P Chidambaram. Though the government had set up a Cabinet Committee on Investments (CCI) led by the prime minister to fast-track clearances for projects over Rs 1,000 crore, some of which have been delayed for decades, industry had pointed out the committee met just once a month and didn't have the bandwidth to resolve ground-level issues holding up private sector investments.
Project Value
INR 1100 Crore /-
Clearances Approved
Not Specified
India
Infrastructure,Infrastructure
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