EPS-led panel clears hitches in Rs 8,120 crore industrial projects
CHENNAI: In what could be a great push to the industrial investment climate in Tamil Nadu , a high-powered committee, headed by chief minister Edappadi K Palaniswami, on Friday cleared at one go the "administrative hitches" that were posing a challenge in the implementation of 21 projects, combinedly attracting 8,120 crore investments.
While the committee was set up in September for investment facilitation and single-window clearances for the committed investments, the projects cleared include 15 units for which memorandum of understanding was signed in the second investors' meet in January this year.
The projects that are under various stages of implementation are expected to generate employment to 16,000 persons. "Many industrial projects which required clearances from departments like revenue, municipal administration, environment, and which necessitated inter-departmental coordination, were sanctioned together by the chief minister, ministers, secretaries and head of the departments and issued orders," said an official. The EPS cabinet had sanctioned incentives to some of the eligible firms, but they could not pick up momentum for want of clearances like planning permission from town and country planning department and Chennai metropolitan development authority.
The projects that are under various stages of implementation are expected to generate employment to 16,000 persons. "Many industrial projects which required clearances from departments like revenue, municipal administration, environment, and which necessitated inter-departmental coordination, were sanctioned together by the chief minister, ministers, secretaries and head of the departments and issued orders," said an official. The EPS cabinet had sanctioned incentives to some of the eligible firms, but they could not pick up momentum for want of clearances like planning permission from town and country planning department and Chennai metropolitan development authority.
The committee facilitated environmental clearances for Sree Varalakshmi Mahaal of Salem that was to build a multi-purpose commercial complex at a cost of 235 crore in Salem, besides SIPCOT industrial parks in Tindivanam and Manapparai. The state pollution control board set up a technical committee to clear Cetex Chemicals' 100 crore worth petrochemical unit in Manali as the site falls under critically polluted area, sources said. Apparently, the committee gave nod to exchange 22 acres out of the 484.38 acres sanctioned to Mahindra and Mahindra for 4,000 crore manufacturing unit in SIPCOT industrial park in Tiruvannamalai district .
"If Amway India Enterprises's 500 crore unit in Dindigul sought an infrastructure facility from revenue department, India Yamaha Motors requested exemptions from Shelter Fund of 3.7 crore, as it was not in vogue, when the permission was granted to the firm," an official said.
Teemage Builders from the construction sector confronted issues in getting no objection certificate for a parcel of revenue land. While Krishnaveni Carbon Products in Coimbatore had grievance over the five-time fee demand made by Moppiripalayam town panchayat in Coimbatore for plan permit, JKS Infrastructure's logistics park at 300 crore in Tiruvallur demanded pathway clearance from the housing and urban development department.
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