PPP, pvt sector investment in infra project at Rs 2.08 lakh cr
CII: Aug 19, 2010
The
government today said that combined investments by private players and through
PPP stood at Rs 2.08 crore till June end this year under the 11th Five Year
Plan.
"A
total of 261 projects had been approved by the public private partnership (PPP)
approval committee and empowered committees and institutions with capital
investment of Rs 2.08 lakh crore till this June end," Minister of State
for Planning V Narayanaswamy told Lok Sabha here in a written reply.
The
11th Five Year Plan envisaged an investment of Rs 20.56 lakh crore in physical
infrastructure and 30 per cent of that would come from private sector.
This
implies that investment of about Rs 6.19 lakh crore come through private sector
participation directly as well as via various forms of PPP, the minister
pointed out in the reply.
In
March, the Planning Commission had said the investment in the infrastructure
sector in the current plan period would be close to the target of $500 billion
(Rs 20 lakh crore).
"It
does look as if we will achieve (investment in infrastructure sector) very
close to $500 billion...This will be primarily because of over achievement in
telecom," Plan panel Deputy Chairman Montek Singh Ahluwalia had said.
(Source: CII Info Alert – Aug 19, 2010)
