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Cabinet Committee on Investment to consider 14 projects

Tuesday, 07 Jan 2014
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The Cabinet Committee on Investment (CCI) will soon consider 14 infrastructure development projects that the government intends to put on the fast track.

 

The projects will entail an investment of Rs 33,000 crore. These are in the sectors of industries; petroleum and natural gas; power; road transport and highways; shipping; textiles, and railways. These projects are facing delay due to pending clearances on various counts including environment.

 

Out of the 14 projects, six are for Andhra Pradesh, four for Maharashtra, three for Karnataka and one for Jharkhand.

 

In the power sector, projects worth Rs 8,214 crore are on the agenda of CCI's consideration. Three projects worth Rs 7,400 in the industry sector have also been lined up for consideration. With regard to the petroleum and natural gas sector, two projects worth Rs 5,898 crore are under consideration.

 

In the road transport and highways sector, four projects will be considered by CCI. Further, CCI will consider two projects in the shipping and railway sector. It will also consider one project of the textile sector.

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