"After detailed deliberation during the 180th meeting held on December 21, 2017, EAC deferred the proposal for want of following information--submit the details about proper criteria followed for selection of proposed site out of three alternate sites, as the proposed site is having 13 reserve forests around it," the EAC said in the minutes of meeting.
The project is proposed in about 12,635 acres (5,113 ha) of land in pursuit of National Manufacturing Policy of the department of Industrial Policy and Promotion (DIPP). The Centre accorded final approval for the Zaheerabad NIMZ on January 22 last year.
When contacted, a senior TSIIC official told PTI that they were ready with all the required information and the same will be submitted to the MoEF within a week.
The state government proposes to allocate up to 10 per cent of Singur river water for NIMZs in line with the existing industrial water supply policy of the state, EAC said.
The total cost of the project is Rs 4,704.90 crore and another Rs 6,500 crore will be spent on external linkage of the project including upgradetion of NH-65 from Zaheerabad to last mile connectivity to western ports.
The proposed NIMZ is estimated to bring around Rs 37,740 crores of total investments by manufacturing industries at the ultimate phase with Rs 96,778 crores of estimated industrial output by 2040, as per the EAC.
"Proposed NIMZ is likely to generate direct and indirect employment potential of about 2.44 lakhs, respectively, thereby opening up employment opportunities for the youth in the catchment region," the EAC said.
The committee also sought detailed information about types of industries or activities proposed along with the use of raw materials and chemicals and processing details for precise assessment of the environmental impact.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.