Govt push to infra; CCI to consider projects worth Rs 33,000cr

Three projects worth Rs 7,400 in the industry sector are also lined up for consideration—a Pulp and Paper Project by ITC in Andhra Pradesh, a paper project of the Andhra Pradesh Paper Mills Limited, which involves FDI, and a cement plant with 4 Million Tonne Per Annum capacity in Karnataka.  The ITC project is being set up at a cost of Rs 3,500 crore, while the paper project is being established at a cost of Rs 2,400 crore and the cement factory for Rs 1,500 crore.

With regard to the petroleum and natural gas sector, two projects worth Rs 5,898 crore are under consideration—an LNG project and Resitement of Marketing Terminals project in Andhra Pradesh.

The LNG project will cost Rs 5,000 crore while the Resitement Terminals are being set up at a cost of Rs 898 crore.

In the road transport and highways sector, the projects are—Oriental Nagpur Bypass Construction in Maharashtra and Hospet Chitradurga Tollways in Karnataka.  The Nagpur Bypass project will cost Rs 1,170 crore while the Chitradurga Tollways will cost Rs 1,033 crore.  The projects in the shipping sector are—Vijaydurg Ports project costing Rs 2,500 crore and Dighi Port project costing Rs 1,432 crore.

A railway project each in Jharkhand and Karnataka are also proposed to be considered by the CCI. These are Koderma-Ranchi new line project costing around Rs 2,957 crore and Hassan-Bangalore new line costing Rs 1,290 crore.  In the textile sector, a project under consideration is of Lenzing Modi Fibers India Pvt Limited in Maharashtra costing Rs 1,285 crore.