Sunday, May 25, 2008

PCPIR >> A Jaggernaut along the Kakinada-Visakhapatnam Route


The scale, the plans, the effort involved in the creation of PCPIR are unprecedented and unheard of anywhere in India. It is sure to transform many lives if the plans materialize...

Friday, May 23, 2008

AP asks Center for 5500 Crores for PCPIR


Hyderabad, May 22: The Centre has approved the first Petro Chemical Investment Region in the country to be set up between Visakhapatnam and Kakinada. A high-level official committee — headed by the Union Cabinet secretary, Mr M. Chandrasekhar, met at New Delhi on May 21 and cleared the state's proposal.

Though the committee was supposed to give a green signal to the proposal last week, the meeting was postponed due to Jaipur blasts. “The committee gave the approval and the same would be put for the Cabinet’s clearance,” the managing director of the Andhra Pradesh Industrial Infrastructure Corporation, Mr B.P. Acharya, told this correspondent. The Petro Chemical Investment Region will be set up in 74,000 acres and the projected investment in the region is Rs 3 lakh crore.

Tuesday, May 20, 2008

Mega Plan for Industrial Corridor in Andhra Pradesh



Deccan Chronicle -Kakinada, May 19: The government plans to spent Rs 20,000 crore to develop ‘linkages’ for the industrial corridor between Kakinada and Visakhapatnam. These include roads, railways, airports, ports and other external infrastructure.

The proposal has got the nod of the Centre a few days ago. Under this project, a 138 km-long coastal corridor will be built between Kakinada Port and Gangavaram Port (near Vizag) with six-lane roads and pipeline corridor at a cost of Rs 1,062 crore. In the subsequent phases the link road will be converted into an eight-lane road by spending Rs 875 crore.

As part of the programme, the present Asian Development Bank-sponsored road will be converted as a four-lane road between Kathipudi and Kakinada Port in an extent of 51.07 km. In addition to this, the National Highway 214 will be developed into four-lane road from the present two-lane at a cost of Rs 260 crore.

Later, it will be developed into a six-lane road at a cost of Rs 387 crore.As part of the industrial corridor development, the existing NH 5 will be developed into six-lane road for 190 km between Rajahmundry and Visakhapatnam.

In addition to this, the other external road links will be provided with Rs 512 crore. In all, Rs
4,021 crore will be spent on the road development activity as part of Industrial corridor project. For the development of rail links Rs 1,010 crore will be spend in the corridor. A rail link of 26 km will be taken up at a cost of Rs 102 crore between APSEZ and Gangavaram.For the provision of rail freight stations and for Gangavaram Port logistics Rs 730 crore will be utilised.

Further, authorities are allocating Rs 2,640 crore for developing airports in the region. This would include the development of the new Visakhapatnam International Airport with Rs 2,000 crore and the upgradation of Rajahmundry airport at Rs 120 crore. These proposals were discussed at a meet held recently by the Infrastructure Development Corporation of Andhra Pradesh with allied departments.

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AP looking at integrating infrastructure development

Hyderabad, May 19, 2008: The Andhra Pradesh Government is looking at integrating infrastructure development for the proposed Costal Corridor and the Petroleum, Chemicals and Petrochemical Investment Region (PCPIR) projects.

“Since the first phase of the proposed Costal Corridor will be from Visakhapatnam to Kakinada, where the PCPIR project is slated to come up, the State Government is looking at developing work relating to basic infrastructure simultaneously,” Mr Sanjay Jaju, Vice-Chairman and Managing Director of Infrastructure Corporation of Andhra Pradesh (INCAP), told Business Line here today.

Mr Jaju also said that International Finance Corporation (IFC), an arm of the World Bank, will implement the road projects in the area. He added that they got a feel of what the development in the area will look like once the project is implemented.

PCPIR project

A Government official also said that a meeting of the committee of Union Secretaries is slated for May 21 in New Delhi, to take a final decision on the PCPIR project which would in turn be recommended to the Cabinet for the final approval within the next one month.

Andhra Pradesh has turned out to be one of the prime contenders for the proposed PCPIR being envisaged by the Central Government.

The project in Andhra Pradesh is estimated to attract investments to the tune of around Rs 3 lakh crore and as per current estimates the State has more than half of the total investment envisaged for the project.

“IDFC is the consultant for the Chennai-Bangalore-Mumbai industrial corridor and we have had a meeting with them so that our proposal can be studied,” he said referring to the State proposal to join the project.

Initial plan

According to initial plan, the State Government is proposing development stretch from Satyavedu to Chennai and also development of Nellore to Bangalore region covering Rajampet, Kadapa, Ananthapur and Hindupur.

As per Government estimates, the total corridor in Andhra Pradesh is likely to cover 300 km.

Source:
Business Line

HPCL-Mittal Energy : Total Consortium to fuel 3.5 L cr Investment in Petro Hub

20 May, 2008

NEW DELHI: A cabinet secretary-chaired panel last week cleared the first mega oil, chemical and petrochemical investment hub, which is expected to attract an investment of Rs 3,43,000 crore.

Mittal Energy Investments, Total SA of France and oil refining and marketing major Hindustan Petroleum Corp (HPCL) would invest Rs 32,000 crore in the proposed petroleum, chemical and petrochemical investment region (PCPIR) which the Andhra Pradesh government has proposed in the Vishakhapatnam-East Godavari region.

The Cabinet committee on economic affairs (CCEA) is expected to consider the proposal on Thursday to give it the final go-ahead before the companies start construction work. The state government has a small administrative step to complete the process: notify the 603-sq km area as the petroleum, chemical and petrochemical hub, it is learned.

The massive investment — half of which has been committed by the investors — is expected to change the face of the southern state with anticipated exports of Rs 58,000 crore a year, tax receipts of Rs 46,500 crore a year and creation of 12 lakh jobs. The investment region is expected to account for 9% of the total value of goods and services produced in the state.

The Rs 32,000-crore investments by the HPCL-Mittal Energy-Total SA consortium will be the anchor tenant in the investment region, with numerous manufacturing units in the pharmaceutical, chemical, petrochemical and other specialised downstream industries coming up around it.

The consortium will set up a 15 million metric tonne a year (mmtpa) refining-cum-petrochemical complex at the Andhra Pradesh SEZ within the region. Besides this, HPCL is expected invest another Rs 10,000 crore to double its existing 7.5 mmtpa refining capacity in the region. Public sector refining major Oil & Natural Gas Corp (ONGC) would invest Rs 31,000 crore to set up a refinery and polypropylene unit in Kakinada SEZ.

The plan is to develop a number of SEZs, industrial parks, infrastructure projects and free trade and warehousing zones in the Vishakhapatnam-East Godavari region. While the central government is expected to provide financial support of Rs 5,214 crore for building roads, ports and airports, Andhra Pradesh intends to invest Rs 2,132 crore in building infrastructure. The state will also facilitate private sector participation in infrastructure creation at a cost of Rs 10,565 crore, it is understood.

Source: Ecoomic Times

Friday, May 16, 2008

AP signs MoU with Ras-Al-Khaimah for integrated industrial corridor

The Andhra Pradesh government has entered into a memorandum of understanding (MoU) with Ras-Al-Khaimah Investment Authority to promote an integrated industrial corridor spreading over 26 kms between Nizampatnam and Vodarevu marine ports on the east-coast.

Speaking to media, state’s minister for infrastructure M Venkata Ramana Rao said that the overall cost of the project is about Rs 16,800 crore ($4.35 billions approx).

The proposed project will be completed in the next 6 years period in phases, he added.

The project include development of Nizampatnam and Vodaravu ports, establishment of power complex, industrial corridor and creation of infrastructure facilities all along the coastline connecting both the ports.

The MoU was signed by Khatar Massaad, CEO, Investment Authority, government of Ras-Al-Khaimah and KV Brahmananda Reddy, special secretary, department of infrastructure & investments here on Tuesday.

The project will be developed jointly by RAS-Investment Authority and Hyderabad-based Matrix Enport Private Ltd in the ratio of 51:49 respectively. Rao said that the state government has agreed to provide 10,000 acres of land for the project. “We are in the process of acquiring the land, besides a portion of revenue land will also be extended for the purpose,” he added.

The proposed project may be the first port-based industrial corridor in the country. There is also a proposal to set up a gas-based 2,100 MW power plant and oil refineries across the corridor to attract major industries.

Source:
Financial Express

Coastal corridor Proposals sent to Chief Minister


RAJAHMUNDRY: The National Environmental Appraisal Committee (NEAC) and National Technical Advisory Group NTAG), have submitted their recommendations to Chief Minister YS Rajasekhara Reddy on the proposed Coastal Corridor between Kakinada and Visakhapatnam.

Speaking to reporters at the University of Petroleum and Energy Studies UPES) here on Friday, member of the group Dr RV Rama Rao, said the Government had entrusted the remaining work to Andhra Pradesh Industrial Infrastructure Corporation (APIIC).

"We have recommended to the Government to form at least two mandals with five or four fishermen villages in the four districts for their uplift on all fronts. The funds could be directly spent on them," he said.

The Government should take steps for the welfare of the people as well as fisherman community affected by the construction of the proposed corrdior, he said.

The corridor would come up within the limits of East Godavari, Visakhapatnam and Srikakulam, at a cost of Rs 81,000 crore. Brushing aside the apprehensions about the coastal corridor, he said: "There will be no problem to the people of this area," he opinied.

Earlier, participating in a seminar conducted on Oil and Gas here on Friday, he said there were abundant opportunities in the field of oil and gas sector across the world. The offshore search for oil and gas was receving a great impetus from the exploration and development programme being taken up by Oil and Natural Gas Corporation, Gujarat State Petroleum Corporation and CAIRN companies, he said.

To protect the environment and the flora and fauna during the drilling operations, and safeguard people he suggeted the establishment of an oil spill response unit. To ward off threat posed to offshore installations from terrorist groups, he said, the Defence Ministry had established a special command FODAG.

GAIL general manager Narendra Kumar, UPES dean Doctor BP Pandey, centre director Dr KV Mohan Rao, seminar convenor Professor KV Rao and several others were participated in the seminar.

Thursday, May 15, 2008

"Alternative Arrangements for People losing Land for Port" Says Collector...

Replacement and Displacement alternatives are being looked at by the Govt in earnest and this prestigious project might soon get off from the planning and paper stage to the execution stage...

Land Acquisition for Port on Rough Note

Every major project has its own set of problems and when it comes to major industrial projects, the resistance is all the more...

Coastal Corridor in Prakasam

Coastal Corridor in Prakasam is a big boom

Land Pooling for Vodarevu-Nizampatnam Industrial Corridor Begins..

The ball is set rolling by the administration for this mega venture. The following article elaborates on this further.


Sunday, May 11, 2008

Industrial corridor between two ports

>> The total investment to be Rs.16,800 crore

>> It will be developed on a public-private partnership basis

>> Ancillary units to be developed to sustain the activity

GUNTUR: The ball has been set rolling for establishing an industrial corridor between Nizampatnam and Vodarevu ports. The State Government recently inked a memorandum of understanding (MoU) with a United Arab Emirates- based RAK-Investment Authority and Matrix Export Private Limited to develop the corridor on a public-private partnership (PPP) basis and develop the Nizampatnam and Vodarevu ports at a stretch of 26 k.m.

The total investment in the project is expected to be Rs.16,800 crore and the scheduled period for the completion of project is six years.

Job opportunities
Sharing the details of the project, Minister for Infrastructure, Ports, and Airports Mopidevi Venkata Ramana Rao told reporters here on Thursday that the proposed corridor would have thermal and 2,100 M.W. gas-based power plants besides creating enormous employment opportunities. The Detailed Project Reports (DPR) of the project is under preparation, he said.

Land acquisition
“The industrial corridor will change the face of the backward coastal regions and trigger massive industrial growth,” the Minister said.

The State Government has already identified 10,000 acres to be acquired for the purpose, out of which 2,000 acres is already in the possession of the Government, while the remaining 8,000 acres will be acquired from private land holders. On the feasibility of operation and maintenance of such large ports, the Minister pointed out that development of ancillary units to sustain the activity at the ports would be the vital feature of the industrial corridor.

Good demand
There has been a heavy demand from the granite industries in Prakasam district and the exporters of cotton, chillies and tobacco in Guntur district.

The Minister also thanked the Chief Minister for raising the ceiling on insurance paid to fishermen from Rs.50,000 to Rs.2 lakh and for taking the decision to settle all the 270 pending cases. The Rs. 40 crore loans availed from cooperative societies too had been waived off by the Government, he added.

AP Inks MoU For Port-Based Industrial Corridor

The Andhra Pradesh government has signed a memorandum of understanding (MoU) with Ras AI Khaimah (RAK) Investment Authority of the UAE and Matrix Export Pvt. Ltd for the construction of an integrated port-based industrial corridor in the State. Quoting the Andhra Pradesh Minister for Infrastructure and Ports M Venkata Ramana Rao, Exim News Service reports that the Rs 16,800-crore project is expected to incorporate an industrial complex, port facility, power plant and associated infrastructural facilities on the 26-km stretch between Nizampatnam in Guntur district and Vodarevu in Prakasam district.

According to the Minister, the project, which would come up on about 10,000 acres, would be one of the first few port-based industrial corridors in the country. The port facility, power complex, industrial complex and associated infrastructural facilities would come up on four blocks of 2,500 acres each, he added. To be completed in six years, it would create employment for between 25,000 and 50,000 people, the Minister added.

Industrial corridor Nizampatnam with Rs16,800 cr

An integrated industrial corridor will be developed on the 26-kilometre stretch between
Nizampatnam in Guntur district and Vodarevu in Prakasam district with an investment of
Rs16,800 crore. The industrial corridor will have industrial complex, port facility, power plant
and associated infrastructural facilities.

To develop the corridor, Memorandum of Understanding (MoU) has been signed by the state government with Ras Al Khaimah (RAK) Investment Authority of the United Arab Emirates and Matrix Enport Private Ltd. The corridor to be developed over an area of 10,000 acres would be completed in six years in a phased manner.

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Hyderabad, March 11, 2008

An integrated industrial corridor with an industrial complex, port facility, power plant and associated infrastructural facilities will be developed on the 26-kilometre stretch between Nizampatnam in Guntur district and Vodarevu in Prakasam district with Rs 16,800 crore investment.

The Government of Andhra Pradesh has signed a memorandum of understanding (MoU) with Ras Al Khaimah (RAK) Investment Authority of the United Arab Emirates and Matrix Enport Private Ltd here on Tuesday.

“The project, to come up in about 10,000 acres, will be one of the first few port-based industrial corridors in the country. To be competed in six years in a phased-manner, it will generate employment to 25,000 to 50,000,” Mr M. Venkata Ramana Rao, Minister for Infrastructure and Ports, Government of Andhra Pradesh told newspersons.

The Nizampatnam port project has had a controversial past with the State Government and the Czech major Skoda Export falling out of an agreement to develop the facilities.

Besides significant upgradation of Nizampatnam port, the project would also include a 2,100 MW power project with an assured cargo traffic of eight million tonnes/year of imported coal.

“Amongst other business offshore rig repairs and ship-breaking hold great potential for the product due to close proximity to the Krishna-Godavari basin,” the Minister said. Both RAK and Matrix Enport would have 51:49 per cent stake in the project receptively, he added.

Dr Khater Massaad, Chief Executive Officer, RAK Investment Authority said Andhra Pradesh had been well-known to RAK for the last four years. “Our ceramic factory near Kakinada is doing very well and we are also putting up an aluminium plant soon. We look forward to implement the industrial corridor project,” he said.