Environmental clearances for INR 500 Billion worth of projects are expected by Narendra Modi’s government in two days, which was stuck at different steps of sanction, at the Central and state government.
It is anticipated that on investment set up by the prior UPA government to fast-track project consent, things will be carried out, instead of passing through the Cabinet Committee.
According to sources of environment ministry
- 28 projects include those of SAIL and Rashtriya Ispat Nigam in the public sector, and those of Aditya Birla Group companies Essel Mining and Grasim in the private sector
- SAIL’s 190 Billion investment for 1 MnT pa Pellet plant at its Dalli-Rajhara mines in Chhattisgarh and the expansion of the marquee Bhilai Steel Plant (BSP) and its captive power project have been put forward to environment ministry’s Expert Appraisal Committee
- Investment of 90 Billion by Essel Mining as it plans to more than double the capacity of its Iron ore mine at Koira in Orissa’s Sundargarh district to 4 MnT pa from the current 1.5 MnT pa and setting up of 1.2 MnT pa Pellet plant
- Grasim Industries limestone mine spread over 251 hectares in Raipur
- Proposal from pharma companies, including sanction for their feedstock inputs and fuel
Minister of State (Independent Charge) for Environment Prakash Javadekar on Thursday said, “We will strike the right balance in conserving ecology and according approval to projects and promise to ensure ‘fast clearances’ to these projects, but in a transparent manner.”
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