Public hearing on Petroleum, Chemical and Petrochemical Investment Region (PCPIR) is likely to be held by mid-2014 as the PCPIR Special Development Authority is getting ready to complete the exercise on various environmental studies and master plan shortly.
“We have got in-principle nod for six-lane expressway between Visakhapatnam and Kakinada, rail sidings, roads connecting highway and jetty near Atchutapuram. Once we furnish all required data on environmental impact and other issues, we will seek environmental clearance from Central Empowered Committee and Ministry of Environment and Forests,” APIIC Vice-Chairman-cum-Managing Director and PCPIR Development Authority Chairman Jayesh Ranjan told The Hindu on Monday.
The process, he hinted, would be completed in a few months. He said there was a tremendous progress with regard to completing preliminary studies and draft master plan for the ambitious project in 2013.
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The PCPIR project, for which Central approval was obtained in 2008, envisages an investment of Rs.3,43,000 crore by attracting investments in infrastructure and petrochemical units in an area of 610 sq. km in Visakhapatnam and East Godavari districts.