Projects worth Rs.23, 382.20 Crores approved at the 42nd State High Level Clearance Committee Meeting 

Projects worth Rs.23, 382.20 Crores approved at the 42nd State High Level Clearance Committee Meeting 
Highlights

Projects worth Rs.23, 382.20 Crores approved at the 42nd State High Level Clearance Committee Meeting 

The Chief Minister chaired the 42nd State High Level Clearance Committee meeting last evening. In the wake of the upcoming global summit, Invest Karnataka 2016, projects worth Rs.23,382.20 crores was approved at the meeting creating 10,407 jobs in the state. Cabinet colleagues, Chief Secretary to Government and other senior officers of the Government were present at the meeting.


Three new projects with a total Investment of Rs. 18,042.20 crores creating 8,757 jobs and three expansion project proposals with an additional investment of Rs.5,340.00 Crores generating an additional employment to 1650 people were approved.

New project proposals:

#

Name of the company

Location

Product

Inv in Rs. Crores

Emp - Nos

1.

M/s Minera Steel Pvt. Ltd.

Yerabanahalli Village, Sandur Taluk, Bellary District

0.5 MTPA Integrated Steel Plant with 35 MW Captive Power Plant

1889.30

525

2.

M/s Wadi Cement Company Pvt. Ltd.

Konchur, Chittapur Taluk, Gulbarga District

2.5 MTPA Clinker & Portland Cement & Other similar materials

1352.90

232

3.

M/s Karnataka Solar Power Development Corporation Ltd.

Balasamudra, Tirumani, Kyataganacharlu, Vallur & Rayacharlu Villages of Pavagada Tq, Tumkur District

2000 MW Solar Park

14800.00

8000

Total

18042.2

8757

Expansion proposals:

#

Name of the company

Location

Product

Addl. Inv in Rs. Crores

Addl.
Emp - Nos

1

M/s Udupi Power Corporation Ltd.

Yelluru Village, Udupi District

To increase the capacity from 1200 MW to 2800 MW

4570.00

1000

2.

M/s. Kirloskar Toyota Textile Machinery Pvt Ltd.

Jigani Village, Anekal Taluk, Bangalore Urban District

Textile Machinery & Engines

Diesel Engines, Aluminium Die Casting Parts and Components

150.00

150

3

M/s Tata Power Co. Ltd.

Vemgal Industrial Area, Kolar District

Electronic equipment, Telecommunication Devices, PMA Products, Night Vision Devices, Alternate Energy Products, Systems and Sub systems for Railways, Defence etc.,

620.00

500

Total

5340.00

1650

Total Investment approved (a + b) = Rs. 23,888.20 Crores.

Abstract of approvals

District wise Abstract of proposals

District

No. of projects

Inv - Rs.Crores

Emp –

Rs. Nos.

Bangalore Urban

1

150.00

150

Bellary

1

1889.30

525

Gulbarga

1

1352.90

232

Kolar

1

620.00

500

Tumkur

1

14800.00

8000

Udupi

1

4570.00

1000

Grand Total

6

23382.2

10407

Sector wise Abstract of proposals

Sector

No. of projects

Inv - in Rs.Crores

Emp –

Rs. Nos.

IRON & STEEL

1

1889.30

525

CEMENT

1

1352.90

232

ENERGY

2

19370

9000

AUTOMOBILE

1

150.00

150

ELECTRONICS

1

620.00

500

Grand Total

6

23382.2

10407

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