This is addition to Rs. 1002 crore investment propsals for 23 projects cleared by the Government (2 reports)
73 projects costing Rs 1092 cr coming up under ADB funding in the State
Srinagar: Economic Reconstruction Agency (ERA) is constructing 73 mega projects in the state under Asian Development Bank (ADB) funding. These projects are coming up at a commulative cost of Rs 1092 crores. This was stated at a high level meeting chaired by Advisor to Governor, Mr. C. Phunsog here today.
The meeting reviewed the progress of ongoing projects taken up by ERA under ADB funding in the state.The meeting was informed that in Kashmir division 21 road projects costing Rs 358 crore, 17 bridges costing Rs 40.45 crore, 4 drainage projects costing Rs 102 crore and four urban water supply schemes are being executed by ERA. Whileas in Jammu, the Agency is constructing nine roads at a cost of Rs. 181 crore, three bridges at a cost of Rs.7.6 crore, four drainage projects at a cost of Rs 65.43 crore and 11 urban water supply schemes costing Rs 230.73 crores. The projects on completion would help to improve and expand the road connectivity, drinking water and drainage treatment facilities in the state.
Addressing the meeting Mr. Phunsog directed the concerned agencies and officers for ensuring timely completion of the ongoing projects and using quality material in their execution. He said that delay in the execution of the projects would not be tolerated and anyone guilty of it would face severe consequences. He said that close monitoring of the ongoing projects and timely review was essential for early completion of the projects.
The Advisor impressed upon the executing agencies to make proper surveys keeping in view the needs of the habitants while taking up new projects in hand. He also said that land requisition process be also expedited for newly upcoming projects and the ongoing ones which have got halted for want of required land. He also said that other impediments coming in the way of the execution should be removed so that work goes on smoothly.
Those who attended the meeting included Financial Commissioner Planning & Development Mr. S. L. Bhat,Principal Secretary/CEO, ERA, Mr. Pankaj Jain, Divisional Commissioner Kashmir Mr. Masood Samoon, Commissioner/Secretary Housing & Urban Development Mrs. Seema Lankar, Director General Finance ERA Mr. B. L. Motto, Director ERA Jammu Mrs Veena Gupta, Director ERA Kashmir Mr. Tariq Ahmad Mir, Project Managers Transport Jammu, Kashmir and other senior officers and engineers of ERA.
Rs 1,002 cr investment proposals cleared
Srinagar: The government has cleared 23 projects, including that of Steel Authority of India, worth Rs 1,002 crore, an official spokesman said here today. Apex Clearance Committee (APCC) under the chairmanship of Chief Secretary S S Kapur yesterday approved a Rs 100-crore investment proposal of SAIL for setting up a steel processing unit at Pulwama in Kashmir, the spokesman said.
He said the project would have a production capacity of one lakh tonnes of TMT bars and GC sheets per annum and create large number of employment for locals.He said Shri Cements project, which has an investment of Rs 164 crore, was also approved. The project would create ancillary units.
The other projects cleared by the committee included projects for manufacturing of high precision auto components, terri-towels, cement, hi-tech batteries, low tension and high tension wire cables, steel products, paints, DG sheets, electric motors and steel pipes, the spokesman said.These projects would provide direct employment to about 5,500 people, he added.
(Kashmir Images)
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