Saturday, April 14, 2012

Mega and Major Projects under Implementation by CPSEs


  • Central Sector Projects- In the central sector there were altogether 607 projects under implementation as on 31 March, 2011  of which 157 projects  were  Mega projects (each costing Rs. 1,000 crore and above), 450 Major projects  (each costing between Rs. 100 crore and Rs. 1000 crore).  The total estimated cost of these 607 projects works out to be Rs. 7,76,715.89 crore.  The total expenditure incurred on 607 Mega and Major projects stands at Rs. 3,55,698.64 crore as on 31 March, 2011.   
  • CPSEs Projects - Out of these 607 projects in the central sector, 170 projects (costing Rs. 500 crores and above) belonged to Central Public Sector Enterprises (CPSEs).  Of these 170 projects, 113 were Mega projects and 57 were Major projects. The total estimated cost in respect of these 210 projects of CPSEs stood at Rs. 4,59,799crore, while the revised/anticipated cost is equal to Rs. 5,07,459 crore. 
  • Atomic Energy - There were 4 projects in atomic Energy sector under implementation as on 31 March, 2011.  These projects belonged to the Nuclear Power Corporation of India Limited, Uranium Corporation of India Ltd. and Bhavini Limited and cost above Rs. 500  crore. 
  • Civil Aviation - There were 9 projects in the civil aviation sector under implementation, as on 31 March, 2011.  Of these, 2 were in Mega category, 7 in Major category.  All these projects belonged to Airport  Authority of India Limited.
  • Coal - There were 45 projects in the coal sector under implementation, as on 31 March, 2011.  Of these, 7 were in Mega category, 38 in Major category.  These projects belonged to Central Coal Fields Limited, South-Eastern Coal Fields Limited, Northern Coal Fields Limited, Singareni Colliers Company Limited and Neyveli Lignite Corporation Ltd. 
  • Fertilizers - There were 6 projects in the fertilisers sector under implementation as on 31 March, 2011.  Of these, 3 were in Mega category, 3 in Major category.  All these projects belonged to National Fertilisers Limited.  
  • Mines -  There was only one Mega project in the mining sector as on 31 March, 2011.  This belonged to National Aluminium Company Limited. 
  • Petroleum -  There were 82  projects in the petroleum sector under implementation, as on 31 March, 2011.  Of these, 40 were in Mega category and 42 in Major category. These projects belonged to Bharat Petroleum Corporation Limited, Bongaigaon Refinery & Petrochemicals Ltd., Gas Authority of India Limited, Hindustan Petroleum Corporation Limited, Indian Oil Corporation Limited and Oil & Natural Gas Corporation Limited.  
  • Power -  There were 87 projects in the power sector under implementation, as on 31 March, 2011.  Of these, 44 were in Mega category and 43 in Major category.  All these projects belonged to National Hydro-Electric Power Corporation, National Thermal Power Corporation, North East Electric Power Corporation, Satluj Jal Vidyut Nigam Limited, Power Grid Corporation of India Limited, and Tehri Hydro Development Corporation Limited. 
  • Shipping & Ports - There were 26 projects in the Shipping & Ports sector under implementation, as on 31 March, 2011.  Of these, 7 were in Mega category and 19 in Major category.  These belonged to Mumbai Port Trust and Shipping Corporation of India. 
  • Steel -  There were 19 projects under implementation in the steel sector, as on 31 March, 2011.  Of these, 6 were in Mega category and 13 in Major category.  These projects belonged to National Mineral Development Corporation, Rastriya Ispat Nigam Limited and Steel Authority of India. 
  • Telecommunication - There were 41 projects under implementation in the telecommunication sector as on 31 March, 2011.  Of these, 3 were in Mega category and 38 in Major category.  These projects belonged to Bharat Sanchar Nigam Limited. 
  • CPSEs Under Construction - There are some CPSEs which yet to go on regular production on a commercial scale as they are at construction stage.  Many of these CPSEs are subsidiary companies set up by (Holding) CPSEs.   Some of these subsidiary companies are ‘shell companies’ which have been set up tentatively to facilitate the establishment of Ultra Mega Power Projects (UMPP) or similar other Projects.   The objective of ‘shell companies’ for UPMM is to develop large capacities of power generation in the different parts of the country.  It brings in the potential investors in UMPP after obtaining the necessary clearances.  The Power Finance Corporation Limited (PFCL) was selected as the Nodal Agency for the development of  such power projects by the Central Electricity Authority.  Many of the ‘shell companies’ are subsidiary companies of PFCL.  As on 31 March, 2011, there were altogether 28 CPSEs ‘under construction’, as against 32 as on 31 March, 2010.  While seven CPSEs ‘under construction’ existing in 2009-10 have been left out, three CPSEs have been added to this list during the financial year 2010-11.
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