Rajeev Chandrasekhar's official website - Member of Parliament

GOVERNMENT OF INDIA

Ministry of Finance

 

DEPARTMENT OF ECONOMIC AFFAIRS

RAJYA SABHA

UNSTARRED QUESTION NO 1554

TO BE ANSWERED ON 08.08.2006

Private Public Partnership Financing of Infrastructure Projects

1554.

SHRI RAJEEV CHANDRASEKHAR

 

 

Will the Minister of FINANCE be pleased to state:-

(a)what is the total cumulative net quantum of FDI (excluding FII) into various Infrastructure projects since May, 2004;

(b)what is the status of the private-Public partnership financing of infrastructure projects;

(c)if so, how many projects have been approved under this programme;

(d)what is the total quantum involved and the details of these projects; and

(e)how many projects under private-public partnership are being considered for financing from Karnataka?

ANSWER

Minister of State in the Ministry of Finance
( SHRI PAWAN KUMAR BANSAL)

(a)       Sector-wise FDI inflows during 2004 (January - December), 2005 (January - December) and 2006 (January - March) including that of infrastructure sectors, is given at Annex-I,

(b) to (e): For those Public Private Partnership projects in infrastructure sector, which are commercially not viable but have a high economic value, the Government of India had announced the scheme of Viability Gap Funding (VGF) in August, 2005. The scheme covers only those PPP projects in the infrastructure sector, which are to be implemented by a private entity that is selected through a competitive and transparent bidding process. The status of the proposals received so far under this scheme is at Annex-II.

 

Annex – I

(Amount in Rs. Million)

SL NO

 

 

Sector

2004 (Jan-Dec)

2005

(Jan – Dec)

2006

(Jan-Mar)

1

Electrical equipment (INCL S/W & ELEC)

39666.61

45938.44

27030.64

2

TELECOMMUNICATIONS

6087.84

9639.13

21374.32

3

TRANSPORTATION INDUSTRY

8063.68

9659.22

1530.99

4

SERVICE SECTOR

11455.83

31445.14

5298.97

5

FUELS (POWER & OIL REFINERY)

7159.79

2765.05

2656.75

6

CHEMICALS (OTHER THAN FERTILISERS)

8677.14

9044.68

11234.01

7

FOOD PROCESSING INDUSTRIES

3690.18

1782.91

244.79

8

DRUGS & PHARMACEUTICALS

15711.08

5107.25

2608.94

9

CEMENT AND GYPSUM PRODUCTS

7.3

19698.17

0

10

METALLURGICAL INDUSTRIES

8583.79

6321.99

1211.69

11

CONSULTANCY SERVICES

11843.5

1627.16

679.15

12

MISCELLANEOUS MECHANICAL & ENGINEERING

717.26

2224.73

42.43

13

TEXTILES (INCLUDE DYED,PRINTED)

1784.77

3462.16

884.65

14

TRADING

682.16

1257.67

213.98

15

PAPER AND PULP INCLUDING PAPER PRODUCT

175.55

1229.04

0

16

HOTEL & TOURISM

1527.23

2799.59

642.74

17

GLASS

384.74

32.72

2.7

18

RUBBER GOODS

2012.55

1516.41

13.35

19

INDUSTRIAL  MACHINERY

430.76

1474.73

430.43

20

COMMERCIAL, OFFICE & HOUSEHOLD EQUIPMENT

108.16

1556.95

73.92

21

AGRICULTURAL MACHINERY

0

2777.52

1382.28

22

MACHINE TOOLS

2652.7

1001.11

11.41

23

TIMBER PRODUCTS

0.67

4658.77

0.1

24

MEDICAL AND SURGICAL APPLIANCES

229.27

72.62

10.69

25

SOAPS, COSMETICS AND TOILET PREPARATIONS

40.95

3829.82

55.05

26

CERAMICS

1208.24

276.42

0

27

EARTH-MOVING MACHINERY

5.22

2313

0

28

FERTILIZERS

620

193.13

0

29

FERMENTATION INDUSTRIES

339.37

362.8

0

30

LEATHER, LEATHER GOODS AND PICKERS

20.36

42.79

6.09

31

VEGETABLE OILS AND VANASPATI

271.38

601.66

99.66

32

GLUE AND GELATIN

0

0

0

33

PRIME MOVERS OTHER THAN ELECTRICALS

2.49

0

0

34

INDUSTRIAL INSTRUMENTS

49.45

1.17

15.77

35

SUGAR

135.09

131.04

0

36

SCIENTIFIC INSTRUMENTS

1.37

4.5

0

37

PHOTOGRAPHIC RAW FILM AND PLANTS

12.75

264.33

0

38

DYE-STUFFS

54.2

0

0

39

BOILERS AND STEAM GENERATING PLANTS

0

23.4

0

40

DEFENCE INDUSTRIES

0

2.37

0

41

MATHEMATICAL, SURVEYING AND DRAWING

0

0

0

42

MISCELLANEOUS INDUSTRIES

13400.28

17567.6

4435.56

43

Acquisition of Shares

0

0

0

44

Advance of Inflow

24851.48

0

0

45

Stock Swapped

0

283.71

0

46

NRI-RBI Schemes

0

0

0

Grand Total

172665.2

192990.9

82191.07

 Note: 1. Amount includes the Inflows Received through SIA/FIPB  route acquisition of existing shares and RBI’s automatic route only.

Annex - II

Status of the Proposals received under the Scheme of Viability Gap Funding

(As on 31.07.2006)

S.NO

Name of the project & State

Project                  cost                     (Rs. Cr.)

VGF                         Sought                (Rs. Cr.)

Status

 

Proposal given final approval

 

 

 

 

NIL

 

 

 

 

Proposal given in-principle approval

1.

Four laning of Ahmedabad Viramgam Road, Gujrat

166.68

33.34

In-principle approval granted by the Empowered Institution on 17.2.2006. Project Authority has been given two month extension for seeking bids.

2.

Four laning of Rajkot-Jamnagar-Vadinagar. Gujarat

543.21

108.64

In-principle approval granted by the Empowered Institution on 17.2.2006. Project Authority has been given two month extension for seeking bids.

3.

Halol- Godhara- Shamalaj I Road Gujrat,

498.81

99.76

In-principle approval granted by the Empowered Institution on 17.2.2006. Project Authority has been given two month extension for seeking bids.

4.

Four laning of Osmanabad (Yedshi)-Lathur-Nanded Road, Maharashtra.

300.19

60

In-principle approval granted by the Empowered Institution on 17.3.2006.

5.

Nashik-Aurangabad road SH-30 section Nashik Nipad Yeola Vaijapur, Maharashtra.

157.50

31.50

In-principle approval granted by the Empowered Institution on 17.3.2006.

6.

Strengthening of Mandsaur-Sitamau Road (upto Rajasthan Border), Rajasthan.

21.99

4.398

In-principle approval granted by the Empowered Institution on 22.6.2006.

7.

Matkuli-Taia-Chindwara. Rajasthan.

82.19

16.438

In-principle approval granted by the Empowered Institution on 22.6.2006.

8.

Chandapur-Alirajpur-Kukshi-Badwani State Highways in Madhyapradesh, Rajasthan.

47.53

9.506

In-principle approval granted by the Empowered Institution on 22.6.2006.

9.

Upgradation of Sawai-Madhopur to Bharatpur State Highway, Rajasthan, Rajasthan.

244.38

48.80

In-principle approval granted by the Empowered Institution on 22.6.2006.

10.

Upgradation of Jaipur to Nagpur State Highway, Rajasthan, Rajasthan.

220

44

In-principle approval granted by the Empowered Institution on 22.6.2006.

11.

Upgradation of Jaipur to Bhilwara State Highway, Rajasthan, Rajasthan.

247

49.40

In-principle approval granted by the Empowered Institution on 22.6.2006.

12.

Upgradation of Bhilwara to Bundi State Highway, Rajasthan.

120

24

In-principle approval granted by the Empowered Institution on 22.6.2006.

Sub-Total

2649.48

529.782

 

 

Proposal yet to be considered by Empowered Institution

13

Upgradation of Narnaul to Kotpulti-Chala-Sikar-Khud-Losal-Kuchaman State Highway, Rajasthan.

193

38.60

Document circulated on 1.6.06.

14

Development of two lane carriageway to Dabadeh to Bhawan Mandi. Rajasthan.

63

12.60

Document circulated on 14.6.06

15.

Two Lane Carriage for Jobner to Thanagaji-Reg. VGF Rajasthan.

171

34.20

To be circulated

Sub-Total

427

85.40

 
 

Proposals with outstanding Issues

16.

Mumbai Metro Rail Project-Implementation of Vesova-Andheri-Ghatkopar corridor Maharashtra.

2356

650

Additional information has been sought from Project Authority.

17

Upgradation of 8 State Highways in Punjab, Punjab.

564.30

112.86

Document circulated. DPR have been sought from PIDB.

18.

Turial Hydro Electric Project (60 MW) in Mizoram- Ministry of Power Mizoram,

687.80

152

Incomplete report received-MOP. Reply still awaited.

19.

Integerated waste processing complex at NDMC Compost Plant, Okhla. Delhi.

82.30

16.46

The proposal does not meet some of the conditions.

20.

Transmission Project in Tripura, Tripura.

1625

325.00

The proposal does not meet some of the conditions. Additional information sought from project Authority.

21.

Integerated Muncipal Waste Processing Complex at Okhla (MCD) Delhi.

49.44

9.88

The proposal does not meet some of the conditions. Proposal is being examined further in consultation with MNES.

22.

Garbage Processing plant at Timarpur Delhi.

55.5

11.12

The proposal does not meet some of the conditions Proposal is being examined further in consultation with MNES.

23.

Development of Deep water International container Transhipment Terminal at Vizhinjam, Kerala.

4360

198.47

The proposal does not meet some of the conditions. Proposal is being examined.

Sub-Total

9780.34

1475.79

 

 

Proposals Rejected

24.

Integerated Waste to Energy Project between Bangalore Mahanagara Palike and M/s Srinivasa Gayithri Resources Recovery Ltd. Karnataka.

11.72

2.34

Proposal has been rejected as it did not conform to the VGF Scheme

25.

Four-laning of the existing two lane Sardar Patel Ring Road around Ahmedabad city Gujrat.

378.75

75.75

Proposal not accepted in its present form. Project Authority requested to re-submit with changes.

Sub-Total

390.47

78.09

 

 

Grand Total

13247.29

2169.062