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| The Union cabinet approves PCPIR at Haldia region |
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The Union cabinet has approved the PCPIR (Petroleum, Chemical and Petrochemical Investment Regions) to be set up in Haldia.
“Proposals accepted from the state governments have been approved. This is subject to the existing funding rules,” home minister P. Chidambaram said after the meeting.
The PCPIR is spread over a contiguous area of more than 250 Sq. Km. – comprising of Haldia Mainland and Nayachar Island under HMA(Haldia Municipal Authority) and HDA(Haldia Development . It is a Brownfield site with large existing petroleum, chemical and petro-chemical units along with port and supporting infrastructure. The additional processing area is being developed on the Nayachar Island. |
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| JURONG Consultants, Singapore is the technical consultant of the project and has since carried out the site evaluation and feasibility study for Nayachar Island, The School of Oceanographic Engineering & Dept of Construction Engineering, Jadavpur University has prepared a “Feasibility Study on Nayachar Island for Industrial & Commercial activities” and Engicon India Pvt Ltd have also conducted a Sub-surface Geo-Technical Investigation. Envirotech Pvt Ltd has been engaged for carrying out EIA (Environmental Impact Assessment) studies.Jurong is presently working on the master plan of the project The Project is expected to provide 10 lakh direct and indirect jobs. The master plan would be ready in next 10 months. |
The PCPIR will consist of 108.42 sq.km. (27,104 acres)of processing area and non-processing area is 141.78 sq.km. (35,444 acres) of non-processing area. The targeted investment for PCPIR is Rs. 93,180 crore, of which Rs. 48,180 crore is committed.
When the policy on the PCPIR was announced in May 2007, chemicals, fertilizer and steel minister Sri Ram Vilas Paswan had said that the project would attract an investment of $8 billion.
IOC has been Identified as the Anchor Tenant along with CALS Refinery. A JV Company PCRCPL between WBIDC and NKID would undertake infrastructural development of the PCPIR. The Government of West Bengal will hold equity of this project through WBIDC. A“High- Powered Committee” chaired by Chief Secretary, Government of West Bengal is being formed through a Resolution of the Government of West Bengal. This committee will monitor, review and appraise the functions and performance of the WBPCPIR on a periodic basis .
Sri Nirupam Sen, Minister-in-Charge, Commerce & Industries, Government of West Bengal has personally thanked Sri Pranab Mukherjee, Minister of External Affairs, Government of India and Sri Ram Vilas Paswan, Minister for Chemical& Fertilizers, Steel, Government of India. (Letters are linked below) |
| 1) Letter to Sri Pranab Mukherjee, Minister of External Affairs, Government of India. |
| 2) Letter to Sri Ram Vilas Paswan, Minister for Chemical& Fertilizers, Steel, Government of India. |
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