Press Esc to close
Thursday 30 October 2014
News updated at 7:34 PM IST
Weather
Max: 0°C
Min : 0°C
In Bangalore
Sunny day

CCI clears projects worth Rs 1.9 lakh cr

NEW DELHI, August 26, 2013, DHNS:

The Cabinet Committee on Investment has given its approval for fast-track clearances to 36 stalled infrastructure projects with an investment of Rs 1.9 lakh crore. These include 28 projects in the power sector. 

Under the chairmanship of Prime Minister Manmohan Singh, the cabinet panel directed all ministries concerned to extend clearances to stalled projects within 60 days. Of the 28 power projects, 18 are held back due to issues related to fuel supply agreements.

It said 18 fuel supply agreements will be resolved by September 6. As far as the GMR’s project from Ahmedabad to Kishangarh is concerned, it is a Rs 7,700-crore highway project. The proposal can be taken up by the cabinet regarding premium rescheduling in the next week itself.

Coal Minister Sriprakash Jaiswal said seven such projects will sign fuel supply pacts with Coal India Ltd by September 7. A formal briefing of the cabinet is expected to be held on Tuesday.
 The CCI, a brainchild of Chidambaram, has already cleared several thousand crore worth of projects in the oil, gas, power and road sectors. 


Go to Top

Photo Gallery
Devotees offer prayers during Chhath festival celebrations at Galta Kund in Jaipur...

Devotees offer prayers during Chhath festival celebrations at Galta Kund in Jaipur...

Dipika Pallikal in action against Japan's Misaki Kobayashi in finals of JSW-PSA...

Dipika Pallikal in action against Japan's Misaki Kobayashi in finals of JSW-PSA...

Delhi Dynamos FC (orange) and North East United FC (white) players in action during...

Delhi Dynamos FC (orange) and North East United FC (white) players in action during...

President Pranab Mukherjee during the conference of directors of National Institutes...

President Pranab Mukherjee during the conference of directors of National Institutes...

Army personnel take position during a search operation of Lashkar-e-Taiba hideouts...

Army personnel take position during a search operation of Lashkar-e-Taiba hideouts...

Workers build the stage at the Wankhede stadium for the swearing in ceremony...

Workers build the stage at the Wankhede stadium for the swearing in ceremony...

Sri Lankan team during practice session before the match against India A...

Sri Lankan team during practice session before the match against India A...

Bollywood actor Shah Rukh Khan with filmmaker Farah Khan, actors Boman Irani...

Bollywood actor Shah Rukh Khan with filmmaker Farah Khan, actors Boman Irani...

Vehicles ply at Rajpath as fog covers it in New Delhi...

Vehicles ply at Rajpath as fog covers it in New Delhi...

A camel herder stands beside resting camels at the annual cattle fair in Pushkar...

A camel herder stands beside resting camels at the annual cattle fair in Pushkar...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523