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Eleven MOUs worth Rs.25,397 crore signed in Urban Development sector

Published By : Admin | January 12, 2011 | 06:29 IST

As many as 11 MOUs worth Rs. Rs.25,397 crore in Urban Development sector were signed in presence of Chief Minister Narendra Modi in the morning session of the second day of 5th Vibrant Gujarat Summit at newly built Mahatma Mandir in Gandhinagar that started on Jan, 12th. While at least 655 MOUs worth Rs 2,26,274 crore are to be signed in this sector during the day.

The MOUs that were signed include [1] Essel Group [ Essel Infraproject limited] Mumbai worth Rs. 5200 crore for solid waste management, sewage treatment in Ahmedabad, Baroda and Surat and land fill gas capture and electricity generation project in Aahmedaabad and vapi and desalination project in Surat.

[2] L & T infrastructure Development projects LTD, worth Rs.5000 crores :– Ahmedabad Monorail project of proposed investment.

[3] Sintex Indistries Limited worth Rs.2500 crore: Affordable Houses for EWS/LIG sections o f the society in different area

[4] Sevvy Unispace Pvt. Ltd. Worth Rs.3065 crore:– knowledge park township and commercial development

[5] Arvind ltd. Worth Rs.2500 crores:-industrial and residential township in coastal area [6] Parswanath Corporation worth Rs. 2282 crore: – township

[7] Sadbhav Engineeing ltd. Worth Rs.2000 crore for capacity expansion of SP Ring road.

[8] Immense properties worth Rs.1500 crore for residential township along with infrastructure such as Hotel and Hospital

[9] Tata Housing worth Rs.1000 crore for real estate project

[10] Desai Developers ltd. Worth Rs.150 crore for real estae project and

[11] Hitech Propmart pvt. Ltd, worth Rs.200 crore for Residential Township. 7, 49,592 employment would be generated with investment of Rs.2,26,274 corores in this sector.

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Prime Minister Shri Narendra Modi earlier today chaired the meeting of the 45th edition of PRAGATI, the ICT-based multi-modal platform for Pro-Active Governance and Timely Implementation, involving Centre and State governments.

In the meeting, eight significant projects were reviewed, which included six Metro Projects of Urban Transport and one project each relating to Road connectivity and Thermal power. The combined cost of these projects, spread across different States/UTs, is more than Rs. 1 lakh crore.

Prime Minister stressed that all government officials, both at the Central and State levels, must recognize that project delays not only escalate costs but also hinder the public from receiving the intended benefits.

During the interaction, Prime Minister also reviewed Public Grievances related to the Banking & Insurance Sector. While Prime Minister noted the reduction in the time taken for disposal, he also emphasized on the quality of disposal of the grievances.

Considering more and more cities are coming up with Metro Projects as one of the preferred public transport systems, Prime Minister advised conducting workshops for experience sharing for cities where projects are under implementation or in the pipeline, to capture the best practices and learnings from experiences.

During the review, Prime Minister stressed on the importance of timely Rehabilitation and Resettlement of Project Affected Families during implementation of projects. He further asked to ensure ease of living for such families by providing quality amenities at the new place.

PM also reviewed PM Surya Ghar Muft Bijli Yojana. He directed to enhance the capacity of installations of Rooftops in the States/UTs by developing a quality vendor ecosystem. He further directed to reduce the time required in the process, starting from demand generation to operationalization of rooftop solar. He further directed states to adopt a saturation approach for villages, towns and cities in a phased manner.

Up to the 45th edition of PRAGATI meetings, 363 projects having a total cost of around Rs. 19.12 lakh crore have been reviewed.