Across various sectors including ports, airport and power & transmission, railways, the central government plans to implement Rs 150,000 crore worth projects in the next six months.
After taking approvals from the Cabinet, the government plans to award these infrastructure projects in the next six months, Planning Commission Deputy Chairman Montek Singh Ahluwalia said.
The Prime Minister’s Office (PMO), in discussion with the Planning Commission, has identified a slew of projects including the Rs 30,000 crore Mumbai elevated rail corridor, two locomotive engine factories worth Rs 5,000 crore.
The PMO also identified the eastern dedicated freight corridor project worth Rs 10,000 crore, expressways worth Rs 25,000 crore, two ports worth Rs 10,000 crore, two airports worth Rs 20,000 crore, and power & transmission projects worth Rs 40,000 crore.
Specifically, the PMO identified two new international airport projects at Bhubaneshwar and Imphal. Besides this, 50 low-cost small airports would be taken up by the Airports Authority of India (AAI).
The government would implement eight greenfield airport projects on PPP mode at Navi Mumbai, Juhu, Goa, Kannur, Pune, Sriperumbudur, Bellary and Raigarh this year.