CCI clears Rs 1.83 lakh cr infra projects:FM
In a bid to ramp up investor sentiments, the government has cleared 36 projects worth Rs 1.83 lakh crore in power and other infrastructure sectors...
New Delhi (PTI): In a bid to ramp up investor sentiments, the government has cleared 36 projects worth Rs 1.83 lakh crore in power and other infrastructure sectors which were stalled on account of regulatory hurdles, Finance Minister P Chidambaram said on Tuesday.
The projects cleared across various infrastructure sectors include 18 in the power sector, entailing Rs 83,773 crore investment besides 18 others in sectors like road, railways, petroleum and natural gas. "Yesterday, CCI met to look at a large number of projects. It cleared projects with a total outlay of Rs 1.83 lakh crore. Message that we are sending, we are very keen to get investment cycle restarted. The cycle has started and we are pushing it further," Chidambaram told reporters.