Union Minister of State for Environment and Forest (MoEF) Prakash Javadekar said clearance has been given and a notification for the same would be out soon.
"The issue of having a statue of Shivaji Maharaj, which was pending for the last few years, has been sorted out. The Chief Minister of Maharashtra had discussion with me a few days back and I had assured him to expedite the process soon.
"Today, we have given clearance for the issue and a notification would be out by tonight," Javadekar told a news conference here.
The memorial was supposed to be built on the lines of the Statue of Liberty in the US and Swami Vivekananda Rock Memorial in Kanyakumari.
The proposed 309-foot-tall statue, planned to be located off the Marine Drive along the Arabian Sea, had faced opposition from the Navy. It was also pointed out that the project will violate the Coastal Regulatory Zone (CRZ) norms.