West Bengal Govt Formally Hands Over Control of Nayachar Island West Bengal Govt Formally Hands Over Control of Nayachar Island Rajdeep Datta Roy

LIVEMINT | HINDUSTAN T IMES | LIVEHINDUSTAN Gef ällt Fmoilrlo w

04 JULY 2014

HOME COMPANIES INDUSTRY POLITICS MONEY OPINION LOUNGE MULTIMEDIA CONSUMER SPECIALS EPAPER

INFRAST RUCT URE | EDUCAT IO N | INT ERNAT IO NAL | REP O RT S | AGRICULT URE WORLD CUP 2014 LIVE MARKETS

WEST BENGAL NAYACHAR ISLAND UNIVERSAL SUCCESS GROUP ECONOMY AND POLITICS POLITICAL ECONOMY West Bengal govt formally hands over control of Nayachar Island West Bengal govt formally hands over control of Nayachar Island Rajdeep Datta Roy

First Published: Sat, Feb 16 2008. 12 32 AM IST Share Tweet 0

ALSO READ Updated: Sat, Feb 16 Questions hang over 2008. 12 32 AM IST West Bengal’s jute mill Kolkata: The West Bengal CEO’s murder government formally Six arrested in jute mill handed over to a company, CEO murder case named after the Bengali Photo Essay | End of the scientist and academician road Acharya Prafulla Chandra Lok Sabha polls: West Roy, control of the Bengal records 82% Nayachar Island for setting polling Towards development: Formal handover of up a chemical hub. Nayachar Island to PCRCC in Kolkata. (from left The business interests of to right) Prasoon Mukherjee, Buddhadeb Chandan Mitra Bhattachajee, M.V. Rao, Nirupam Sen, Prafulla Chandra Roy Sabyasachi Sen. Chemical Complex (PCRCC), which will develop the chemical hub over 100 acres of land in the islands, is a joint venture between the West Bengal Industrial Development Corporation (WBIDC) and New Kolkata International Development (NKID). While WBIDC has a 49% stake in the project, the rest is held by NKID, which comprises entities such as Indonesia’s Salim Group and Universal Unitech.

“Now, the company can formally start work on the feasibility study, survey, soil testing and other ground work,” said state industries minister Nirupam Sen. “The area handed over today measures 54 sq. km and will house the processing zone.”

State chief minister Buddhadeb Bhattacharjee, who presided over the ceremony at Writers’ Building, said the Centre was very supportive of the project and whatever delay had happened was on the state side. Towards development: Formal handover of Nayachar Island to PCRCC in Kolkata. (from left to right) Prasoon Mukherjee, Buddhadeb “I spoke to Ram Vilas Paswan (Union minister for chemicals Bhattachajee, M.V. Rao, Nirupam Sen, and fertilizers) day before yesterday and he was very Sabyasachi Sen. positive,” Bhattacharjee said on Friday.

“We are talking to the Centre about various permissions,” said industries minister Sen when asked whether the rules regarding construction within the coastal regulation zone and other statutes had been addressed.

He said the six-member expert committee led by former chairman of Oil and Natural Gas Corp., Subir Raha, will visit the island on 25 February. Nayachar is a tidal island situated on the Hooghly off the port of Haldia in East Midnapore district. Talking about the state’s application for granting of PCPIR (petroleum, chemicals and petrochemicals investment region) status to the Haldia-Nayachar complex, state commerce and industries secretary and WBIDC chairman, Sabyasachi Sen, said, “We have already filed an application with the central government as per the PCPIR policy format and have also provided the clarifications they asked for.”

Prasoon Mukherjee, chairman of Universal Success Group, one of the stakeholders of NKID, said the survey would be carried out by Singapore-based Jurong Town Co.

First Published: Sat, Feb 16 2008. 12 32 AM IST Share Tweet 0

FROM THE WEB Sponsored Content by Taboola

2000€ jede Woche? Es ist möglich! Stock Market Secret That Could Trading For Newbies Make You Rich Media Bistro