(a) whether the Government has received the proposals from various States to set up Petroleum; Chemicals and Petrochemicals Investment Region Project (PCPiR).
(b) if so, the details of action taken thereon so far, State/UT-wise;
(c) the necessary viability gap funding through existing schemes; and
(d) the time by which the PCPIR is likely to be made functional?
MINISTER OF STATE IN THE MINISTRY OF CHEMICALS AND FERTILIZERS (SHRI HANSRAJ GANGARAM AHIR)
(a) & (b): Yes Sir, the Government has approved four PCPIRs in the States of Andhra Pradesh (Vishakhapatnam- Kakinada), Gujarat (Dahej), Odisha (Paradeep) and Tamil Nadu (Cuddalore - Nagapattinam). These are infrastructure driven projects.
(c): The Government provides necessary funding in creation or upgradation of physical infrastructure linkage to the PCPIR to make such projects viable, through Viability Gap Funding (VGF), as well as budget support for creation of these linkages.
The funding approved by the Cabinet Committee on Economic Affairs (CCEA) is as follows:-
(Rs. In crore)
Andhra Gujarat Odhisha Tamil Nadu Total Pradesh
VGF 1206.80 80.50 716.00 1143.00 3146.30 Budge- Nil Nil Nil 1500,00 1500.00 tary Support Grand 1206.80 80.50 716.00 2643.00 4646.30 Total