The Cabinet Committee on Investment (CCI) has cleared projects entailing an investment of Rs 1.1 lakh crore.

As many as 28 projects which were stuck for years for want of myriad government clearances have received the green signal to start operations.

These 28 projects include 18 power projects worth Rs 83,772 with a generation capacity of 15,500 MW; four highway projects with an investment of Rs 4,400 crore; and a Rs 1,200 crore steel plant in Orissa. As many as 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 also been cleared. Petroleum distillation units, estimated to cost Rs 1,419 crore, being set up by Bharat Petroleum, have also received the go-ahead. The committee has also approved the Delhi Airport aerocity project, estimated to cost 12,000 crore. 

Further, the coal ministry has agreed to sign fuel supply agreements for all these projects by the end of August 2013.

Note: Details of the projects cleared have not been disclosed by government sources. Once the details are available with us, we will publish the same.