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FinMin clears seven projects worth Rs 7,554 cr under PPP

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Press Trust of India New Delhi

A Finance Ministry panel today approved seven projects, including widening of roads in five states, estimated to cost Rs 7,553.83 crore under public-private-partnership mode.

The Public Private Partnership Appraisal Committee (PPPAC), headed by Secretary of Department of Economic Affairs R Gopalan, granted the approvals, an official statement said.

The five projects are associated with the Ministry of Road Transport and Highways and remaining with Ministry of Home Affairs.

The PPPAC cleared four-laning of Jabalpur-Katni-Rewa Section of NH 7 in Madhya Pradesh at an estimated cost of Rs 1,906.83 crore and six-laning of

Icchapuram-Srikakulam-Anandpuram section of NH 5 in Andhra Pradesh that would cost Rs 1,764 crore.

Four-laning of Obedullaganj-Budhni Betul section of NH 69 in Madhya Pradesh, four-laning of Orissa border to Aurang section of NH 6 in Chhattisgarh and four-laning of Meerut to Bulandshahar section of NH 235 in Uttar Pradesh were approved.

The Gopalan-headed panel gave its go-ahead to development of Police Head Quarters for Delhi Police at Parliament Street, New Delhi at an estimated cost of Rs 202 crore. It also approved a Police Housing Complex for Delhi Police personnel at Dheerpur here at an estimated cost of Rs 790.58 crore.

Since its constitution in January 2006, PPPAC has granted approval to 219 projects, with an estimated project cost of Rs 213,780.58 crore.

 

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First Published: May 04 2011 | 8:10 PM IST

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