CCCL Infrastructure plans to raise funds through the private equity (PE) route for its proposed Rs 2,000 crore investment plans.

The proposed capex plan includes Rs 153 crore to create infrastructure at Pearl City Food Port, a SEZ for food processing industry being set up by the company at Tuticorin in Tamil Nadu.

The company has acquired around 900 acre for setting up the SEZ which will also have a residential project, helipad, hotels, golf course and others. The housing project is expected to cost around Rs 400 crore, which will be taken as part of Phase II development. The company is also scouting for partners for schools and other commercial developments inside the SEZs.

Some of the other projects planned by CCCL include an automatic car parking facility in Delhi with an investment of around Rs 272 crore and a Ro-Ro facility, for handling cars, at Chennai port for an estimated cost of around Rs 150 crore.

According to sources, the company is mulling to set up bio-mass based power plants in Tuticorin, once the SEZ gets 60-70 per cent occupancy. It can source raw materials for the power plant from the SEZ.