BHOPAL : Half-a-dozen Centre government-run Public Sector Undertakings (PSUs) are likely to invest around Rs 35,000 crore in MP.
The state government has given preliminary clearance to the proposals, which it received through its online portal and put them on fast-track for further clearances.
The investment proposals will be displayed in the Global Investors Summit in Indore.
“Several Centre PSUs SAIL, MOIL, NMDC, NALCO and HCL have expressed their intention to invest in Madhya Pradesh. Their proposals have been put on fast-track for clearances,” said Secretary, Mining Resources, Sheoshekhar Shukla. The government has given district-level clearances to the mining proposals and now process is underway to send them to the Central government with approval from the state.
Steel Authority of India (SAIL) wants to do mining in Chhatarpur and has submitted five different proposals for different locations. The proposals have got NoC from district authorities.
MOIL has submitted investment proposals for Balaghat and NMDC has sought permission for mining in Tikamgarh. NALCO has given proposal for mining Bauxite in MP whereas Hindustan Copper Ltd (HCL) has sought permission to expand its business in Malajkhand in Balaghat. There were some shortcoming in the HCL proposal and they were removed,” said the official.
