Bihar to set up NRI cell to attract foreign investments

Hyderabad, Sept 10 (UNI) Bihar Deputy Chief Minister Susheel Kumar Modi today said the government would set up an NRI cell for attracting more foreign investments in the state next year.

Talking to newsmen here, he said the government has taken the decison to attract more private and foriegn investment in infrastrecture and other allied sectors to boost the state's economy in the coming years.

Stating that the government would also organise a 'Globalo meet' on Bihar on January 21, 2007 inviting the foreign investors to explain the business opportunities in the state, he said the government received proposals from TATA and Reliance companies to set up power prodcution units.

Stating that the state has only a capacity of 30 mw power production, Mr Modi said the government was inviting private companies to establish power production units in the state. The government was committed to generate 600 mw of power by the end of March 2007 by reviving the Baroni and Kaandi power plants.

Mr Modi said the state cabinet has approved 11,000 crore worth private investment proposals, besides approving the setting up of eight sugar factories and multiplexes.

The Deputy Chief minister said the government will also set up 'e-Seva' centres in the state next year in a tie up with Tata Consultancey Services (TCS).

UNI AP VV 1436