Bhopal: The Madhya Pradesh Cabinet meeting held under the Chairmanship of the Chief Minister Shri Kamal Nath at Mantralaya has given sanction for fixed equity share capital for execution of Indore (Mhow) to Manmad new rail line project to connect Indore with the Jawaharlal Nehru Port Trust.
Jawaharlal Nehru Port, abbreviated as JNPT, also known as Nhava Sheva, is the largest container port in India. Located east of Mumbai in Navi Mumbai, Maharashtra, this port on the Arabian Sea is accessed via Thane Creek. Its common name derives from the names of Nhava and Sheva villages that were situated here. This port is also the terminal of Western Dedicated Freight Corridor.
The total cost of the project is estimated at Rs. 8 thousand 931 crore. According to the total cost, the total equity of Rs. 408 crore 64 lakh i.e. 15 percent has to be given in 4 years as the capital share of Madhya Pradesh Government.
In the first installment 2019-20, an amount of Rs. 36 crore 89 lakh has been sanctioned. After the execution of the project, the distance from Indore to the port trust will come down by 150 k.m. The industrial activities of Pithampur, Khandwa and Burhanpur will get boost from the rail line.
Industrial units will be benefitted by Rooftop Solar Project: The cabinet has also taken a decision in connection to initiate necessary action to benefit various industrial units of Mandideep and Pithampur industrial areas and later on other industrial units set up by MPSIDC in other industrial areas with rooftop solar project according to the provisions of Madhya Pradesh Decentralized Renewable Energy Policy 2016.
Rs. 1455 crore 33 lakh sanctioned for Chhindwara Institute of Medical Sciences: The cabinet approved the revised administrative sanction of project costing Rs. 1455 crore 33 lakh for the construction of new educational hospital and other buildings affiliated to Chhindwara Institute of Medical Sciences and for operation and maintenance of machines/plants/ /equipments and services.