Business Standard

Studies to explore Nayachar possibilities

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BS Reporter Kolkata

Individual studies will be undertaken for the Coastal Regulated Zone (CRZ) and non-CRZ areas of the proposed petrochemical hub at Nayachar island, as industrial development in the CRZ area is disallowed.

Of the 12,240 acres that comprise Nayachar, it is understood that about 6,000 acres fall under the CRZ category.

Consultants would be engaged within February to explore alternative options such as eco-tourism and fisheries in the CRZ area, while a separate marketing study would be conducted for the non-CRZ part as well, Universal Success Enterprises Chairman Prasoon Mukherjee said.

The development of Nayachar island is being undertaken by PCR Chemicals, a joint venture (JV) between the state government and the New Kolkata International Development (NKID). NKID, in turn, is a JV between Mukherjee's Universal Success and Indonesia's Salim Group.

 

Moreover, a study is underway to ascertain the environmental impact of the proposed industrial projects on the island over four seasons of a year, apart from an infrastructure study being conducted by Jurong Consultants.

As per the memorandum of agreement between department of chemicals and petrochemicals, Government of India and Government of West Bengal, the petroleum, chemicals and petrochemicals investment region (PCPIR) will cover an area of 250.19 sq km, which includes 200.83 sq km on the mainland and 49.36 sq km on the Nayachar island.

The processing area of 108.42 sq km is 43.33 per cent of the total area and the balance 141.77 sq km will be used as non-processing area and will include residential, commercial and other social and institutional infrastructure.

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First Published: Jan 22 2010 | 12:21 AM IST

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