Govt to make budgetary provision for PCPIR at Paradip
Bhubaneswar: In a step forward to set up the much-awaited Petroleum, Chemical & Petrochemical Investment Region at Paradip, the state government has decided to make budgetary provisions to provide basic infrastructure for attracting investors to this region.
The departments associated with improvement of the infrastructure at the proposed PCPIR have been directed to take up feasibility assessment and prepare detail project reports (DPRs) for inclusion in state budget and recommendation to the Centre for inclusion in 12th Five Year Plan, official sources said on Friday.
The expenditure requirement for the proposed PCPIR, to be developed over 284.15 sq kms in Jagatsingpur and Kendrapara districts, was discussed at a meeting chaired by the chief secretary B K Patnaik here yesterday.
"The estimated budget for external infrastructure has been tentatively calculated at Rs 13,634 crore," Patnaik said, adding that the entire expenditure has been proposed to be borne jointly by the state government, central government and on Public Private Partnership (PPP) mode.
It has been decided that the project will be developed in two phases. While the phase-I will cover an area of 195 sq km, 89 sq km would be covered under the Phase-II.
The project, which had already been approved by the Centre, would have the state run IDCO (Industrial Infrastructure Development Corporation) as the nodal agency and IOCL selected as anchor tenant for development of PCPIR.
The external infrastructure, they said, included green field coastal corridor from Astarang in Puri district to Dhamara in Bhadrak district through Paradip (140 kms identified under Odisha and Andhra Pradesh PCPIR), Bhubaneswar-Paradip Corridor (73 kms), other arterial roads and port upgradation with new facilities.
Besides, water supply through Taladanda and Kendrapara canal lining, captive power plant (2×500 MW), new sub-stations and feeder lines, rail freight stations along with additional rail sidings, logistic hubs near Bhutmundei, proposed air port, waste water treatment system and solid waste management.
Upgradation of NH-5A (78 kms) to 4 lane and expansion of Cuttack-Paradip State High Way and other important proposed road projects, were also part of the external infrastructure works.
The total power requirement for the PCPIR has been estimated at 2000 MW. The demand of water for new projects in region will be 620 MLD in different phases. Different water treatment systems like CETP & STP have been proposed at each of the chemical parks with estimate of 431 crore.
Solid waste management system has been proposed for disposal industrial and domestic waste at the estimated cost of 200 crore, the meeting estimated.