The Cabinet Committee on Investments (CCI) on 22 April 2013 gave its clearance to infrastructure projects in the Oil & Gas and Power sectors across India.

CCI has approved infrastructure projects with an combined investment of around Rs 70,000 crore. It has given nod to 25 oil and gas blocks with investment commitments of $ 7 billion (approx Rs 38,039.89 crore). CCI on 22 April 2013 has reviewed total 31 oil and gas blocks. Of these 14 of the blocks belongs to ONGC, 13 to RIL and one each of Cairn India and Oil India.

Out of 25 blocks as many as nine blocks have been fully cleared and 16 blocks have been cleared with specific conditions.

As a part of infrastructure projects clearance, CCI has cleared 13 power projects worth Rs 33,000 crore. These 13 projects include 10 transmission, one hydro and two thermal projects. Some of these projects which were facing undue delays due to lack of fuel linkage and environmental clearances were also approved by the panel.

Meanwhile, six oil & gas blocks with an investment of Rs 10,000 crore were not cleared by the CCI. Earlier in March 2013 CCI had given clearances to oil and gas activity in five blocks off the East Coast, majority of them belonging to Reliance Industries.