MoEF initiates steps for speedy clearances of infra projects


Infrastructure projects, including those related to coal and highways, stuck for want of green nod are expected to be cleared soon with MoEF on Wednesday informing the Cabinet Committee on Investment (CCI) that it has initiated steps for speedy approval to schemes.

“Ministry of Environment and Forest (MoEF) has informed the CCI that they have taken certain steps to streamline the process of approval (of infrastructure projects),” an official told reporters after the meeting here.

Around 20 major highways projects, entailing Rs 27,000 crore in investment, have been stuck for long for want of environment clearances.

Contracts for only over 1,100 km of highways could be given by the government in the first three quarters of 2012-13 due to various reasons including delays in environment clearances.

On the other hand, 8 coal projects entailing investment of about Rs 1,000 crore are awaiting green clearances while the Coal Ministry had been pitching for their early approval.

Non receipt of clearances to the mining projects is adversely affecting the production plans of Coal IndiaBSE -0.10 %, which accounts for over 80 per cent of the domestic production.

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