(a) Whether the Government has any proposal for new chemicals and fertilizer projects in Tamil Nadu particularly between Chennai and Cuddalore along the East Coast of Tamil Nadu;
(b) if so, the details thereof;
(c) the total estimated cost of the said project and the details of the funds to be generated for the same; and
(d) whether the Government has fixed any time limit for the completion of the said project and if so, the details thereof?
ANSWER
MINISTER OF STATE (INDEPENDENT CHARGE) FOR MINISTRY OF PLANNING AND MINISTER OF STATE IN THE MINISTRY OF CHEMICALS AND FERTILIZERS
(INDERJIT SINGH)
(a & b ): The Government of India has approved the proposal of Government of Tamil Nadu to establish a Petroleum, Chemicals and Petrochemical Investment Region (PCPIR) in Cuddalore and Nagapattinam districts of Tamil Nadu in the year 2012. Tamil Nadu PCPIR was conceptualized in a cluster approach to promote Petroleum, Chemical and Petrochemical sectors in an integrated and environment friendly manner on a large scale. Tamil Nadu PCPIR has been notified as the PCPIR (Local Planning Area) in June, 2017 under Tamil Nadu Town and Country Planning Act, 1971 in Cuddalore and Nagapattinam districts of Tamil Nadu.
(c) PCPIRs are investment driven projects. The Tamil Nadu PCPIR, once fully established, is expected to attract investment of around Rs. 92,500 crore. State Government of Tamil Nadu has reported that an investment of Rs. 8,100 crore have been made on manufacturing and infrastructure development.
(d) The PCPIR projects have a long gestation period of about 20-25 years to achieve full potential.
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