Punjab govt approves 13 mega projects for state

Chandigarh, Sep 3 (UNI) The state Empowered Committee today approved 13 new mega projects to be set up in Punjab with an investment of Rs 21,278.77 crore and an employment potential of about 65,094 persons.

The meeting of the Committee was chaired by Chief Minister Parkash Singh Badal here.

The approved projects include; two manufacturing projects by Nector Lifesciences Limited (Rs 600 crore) at village Khanpur in district Patiala and Tayal Energy Limited (Rs 335.36 crore) at Kotakpura in Faridkot district to provide employment to 2,100 persons.

The two Industrial Park projects approved include, one by Rhythm Textile and Apparels Park Limited (Rs 134.56 crore) in district Nawanshehar and another CCI Industrial Estate and Cluster Co-operative Industrial Society Limited (Rs 105.61 crore) in Mohali district.

The Multiplexes granted approval include, Prime Infrawell Private Limited at Patiala and Stadia Infrastructure Project Private Limited and hotel projects of Fantasy Hotels India Limited in districts of Patiala, Jalandhar and Amritsar with an investment of Rs 791.44 crore.

The four projects of Super Mega Mix Use Integrated IT/Industrial Park projects passed, include, VAR Realtors Private Limited, Ludhiana (Rs 4321 crore), Pravesh Promoters Private Limited, Jalandhar (Rs 10,555 crore), PACL India Limited, Ludhiana (Rs 2186 crore) and PACL India Limited, Patiala (Rs 2218 crore).

The empowered committee also approved an Agro based Industrial project namely Chahal Spintex Limited at village Kotshamir in district Bathinda with an investment of Rs 31.80 crore and having employment potential of 140 persons.

The Empowered Committee has so far approved 19 projects in its various meetings with total investment of about Rs 11,825.14 crore.

The projects sanctioned so far are coming up in the districts of Nawanshehar, Jalandhar, Ludhiana, Amritsar, Bhatinda, Sangrur, Ferozepur, Faridkot and Panthankot (Gurdaspur district) and were under various stages of implementation.

With the approval of 14 new Mega Projects total number of approved projects have now gone up to 27 with the total investment of Rs 3,30,103.91 crore.

Prominent amongst others who attended the meeting included, Local Government Minister Manoranjan Kalia, Finance Minister Manpreet Singh Badal, Agriculture Minister Sucha Singh Langah, Forest Minister Tiksan Sud, Tourism Minister Hira Singh Gabria, Revenue Minister Ajit Singh Kohar, Transport Minister Master Mohan Lal, PWD (B&R) Minister Parminder Singh Dhindsa besides Chief Secretary R I Singh and other senior officers.

UNI HS AK AS1849