The Orissa government's high-level clearance authority (HLCA) has cleared the Paradip Petrochemicals & Petroleum Investment Region (PCPIR) project. Indian Oil Corp. will be the anchor tenant for the project. The state government is committed to contribute Rs 2700 crore towards the development of 250 sq km of area for the project as well as infrastructure. The Centre will contribute Rs 5008 crore towards infrastructure development, Rs 7515 crore would be spent by public-private-partnership.
The HLCA has also cleared the Rs 2200-crore ship building yard & ship repairing project of Apeejay Shippings Ltd. The project will come up at the Dhamra Port.
04-Jun-08 
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}