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TMI BlogINDUSTRIAL CORRIDORSX X X X Extracts X X X X X X X X Extracts X X X X ..... INDUSTRIAL CORRIDORS - News and Press Release Dated:- 16-3-2022 - News - The status of Chennai-Bengaluru (CBIC), Bengaluru-Mumbai (BMIC) and Hyderabad-Bengaluru (HBIC) is as under: Chennai Bengaluru Industrial Corridor (CBIC): Three nodes namely Tumakuru in Karnataka, Krishnapatnam in Andhra Pradesh and Ponneri in Tamil Nadu have been identified for development under CBIC. Status of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... these Nodes is as under: Krishnapatnam Node : Project was approved by Government of India on 30th December, 2020. Detailed master planning and preliminary engineering activities for an area of 2,500 acres, as an activation area, have been completed. Engineering, Procurement and Construction (EPC) tendering work for implementation of trunk infrastructure has been initiated. Tumakuru ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Node: Project was approved by Government of India on 30th December, 2020. Detailed master planning and preliminary engineering activities for an area of 1,736 acres, as an activation area, has been completed. Environment Clearance has been obtained. EPC tendering work for implementation of trunk infrastructure has been initiated. Ponneri Node : Consultant has been appointed for carrying ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... out Detailed Master Planning and Preliminary Engineering for an area of 4,000 acres. Bengaluru Mumbai Industrial Corridor (BMIC): The Perspective Plan of BMIC has been completed. Government of Karnataka and Government of Maharashtra has confirmed availability of land for development of industrial node at Dharwad and Satara respectively. Consultants have been appointed for Detailed Master ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Planning and Preliminary Engineering for both the nodes. Hyderabad Bengaluru Industrial Corridor (HBIC): Orvakal node in Andhra Pradesh has been identified for development under HBIC. Consultants have been appointed for Detailed Master Planning and Preliminary Engineering. Site survey, preparation of base map, technical assessment land suitability, preparation of preliminary master plan, e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tc. have been completed by the consultant. Above Industrial Corridors are at different stages of implementation. Out of three nodes to be developed in CBIC, land has been made available in two nodes, - Krishnapattnam and Tumakuru. These are scheduled to be developed by 2026. For other corridors/nodes, since project development activities are going on, the timelines can be ascertained after ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... availability of land and competent approval. The status of Amount allocated, released and spent on the development of Industrial corridors is as under: (Rs. in crore) s. No. Name of the Industrial Corridor Node/Project State Project Implementation Fund (PIF) Project Development Fund ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (PDF) Spent * Funds Allocated (as per CCEA Approval) Funds Released by DPIIT to NICDIT (Equity) Amount transferred by NICDIT to SPV managed by State Govt. 1 Chennai Bengaluru Industrial Corridor (CBIC) Krishnapatnam Andhra Pradesh Equity: 621 cr Debt: 459 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cr 533.86 522.10 9.43 Ponneri Tamil Nadu Not yet approved 2.50 2.50 0.51 Tumakuru Karnataka Equity: 608 cr Debt: 433 cr 586.74 586.74 7.86 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2 Hyderabad Bengaluru Industrial Corridor (HBIC) Orvakal Andhra Pradesh Not yet approved 0.00 0.00 0.38 3 Bengaluru Mumbai Industrial Corridor (BMIC) Dharwad Karnataka Not yet approved 0.00 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0.00 4.22 Satara Maharashtra Not yet approved 0.00 0.00 * PDF are released to NICDIT for Industrial Corridor Project and the same is spent based on the project development activities being undertaken for different projects. This information was given by t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Minister of State in the Ministry of Commerce and Industry, Shri Som Parkash, in a written reply in the Lok Sabha today. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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