The Cabinet Committee on Investment (CCI) today met to discuss 28 stalled mega power projects for expeditious clearance. CNBC-TV18's Rituparna Bhuyan reports.
According to sources, apart from 28 projects, there were other projects as well which have been considered by the CCI today. All of them have been given a go-ahead. The total number of projects that were considered today stood at around 36 which meant an investment of about Rs 1.9 lakh crore.
Within next 60 days, ministries will sort out all the remaining issues regarding the power projects, the highway projects and all other infra sector related projects, for example 18 fuel-supply agreements (FSAs) will be resolved by September 6. As far as the GMRs project from Ahmedabad to Kishangarh is concerned, it is Rs 7700 crore highway project and the proposal can be taken up by the Cabinet regarding premium rescheduling in the next week itself.
The 36 infrastructure power projects included some in the road sector, most of them were in the power sector. There were issues related to FSAs, for example there were issues related to environmental clearances, there were issues related to premium rescheduling. The government has now decided to go ahead and sort out all the issues in the next 60 days.
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