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Receiving investment proposals worth Rs 30 lakh 77 thousand crores at the Global Investors Summit is a big achievement: Chief Minister Dr. Yadav

Bhopal:  Chief Minister Dr. Mohan Yadav has said that the successful organization of the Global Investors Summit held for the first time in Bhopal was possible due to better teamwork and coordination. It was challenging to arrange the arrival of Prime Minister Shri Narendra Modi, Union Home Minister Shri Amit Shah along with a large number of foreign diplomats, commercial representatives and representatives of the country’s leading industrial groups and their participation in GIS. Global Investors Summit became synonymous with good management. Chief Minister Dr. Yadav has congratulated the officers and team of all departments for the successful organization of GIS. Chief Minister Dr. Yadav said that this caravan of expansion of investment and industrial activities in the state will continue. As a result of better infrastructure and investment environment available for industries in the state, industrial groups are expanding their activities rapidly. Next week, the foundation stone of Neemuch Solar Project to be established with an investment of Rs 850 crore will be laid. Chief Minister Dr. Yadav was addressing a review meeting organized at the Ministry for the implementation of investment proposals received in the Global Investors Summit Bhopal. Chief Secretary Mr. Anurag Jain along with Additional Chief Secretaries and Principal Secretaries of the concerned departments were present in the meeting.

Chief Minister Dr. Yadav said that a total investment proposal of Rs 30 lakh 77 thousand crore has been received in the summit, which will create employment opportunities for about 21 lakh 40 thousand. More than 25 thousand people participated in GIS. More than 100 international delegates from 9 partner countries and more than 60 countries participated in it. More than 300 leading industrialists and industries participated in GIS. 10 sectoral sessions, 6 country sessions, 6 summits, more than 70 one-to-one meetings, more than 5 thousand B-to-B meetings and more than 600 B-to-G meetings were held in GIS. Chief Minister Dr. Yadav said that 18 new investment policies were launched and 89 MoUs were signed in the Global Investors Summit. This was the highest participation in the Global Investors Summit held in the state so far. Interactive sessions were held in the country and abroad for the pre-preparation of GIS. Auto-Expo, Textile Expo, Oxford, One District-One Product Exhibition along with MP Pavilion and Digital Experience Zone were the special centers of attraction in GIS.

Chief Minister Dr. Yadav informed that a large number of investment proposals have been received in various sectors. 441 proposals for investment of 8 lakh 94 thousand 301 crores in energy and renewable energy, 870 proposals for investment of 3 lakh 37 thousand 329 crores in infrastructure, 378 investment proposals for 3 lakh 25 thousand 321 crores in mining and mineral sector, 8 proposals for investment of 3 lakh 01 thousand 681 crores in defense-aviation and aerospace and 237 proposals for investment of 1 lakh 4 thousand 158 crores in petrochemicals-chemicals-plastics and related sector have been received.

Similarly, 193 proposals worth Rs. 78 thousand 314 crores in IT and electronics etc., 303 proposals worth Rs. 68 thousand 824 crores in tourism and hospitality, 957 proposals worth Rs. 63 thousand 383 crores in agriculture and food processing, 191 proposals worth Rs. 52 thousand 294 crores in education, 345 proposals worth Rs. 41 thousand 986 crores for health care, pharma and medical equipment, 349 proposals worth Rs. 41 thousand 590 crores in automobile sector, 203 proposals worth Rs. 26 thousand 277 crores in engineering sector, 171 proposals worth Rs. 21 thousand 833 crores in textile-textile and apparel sector, 67 proposals worth Rs. 9 thousand 112 crores related to logistics and warehousing, 51 proposals worth Rs. 1 thousand 697 crores in packaging sector and 83 thousand in other sectors 1 thousand 96 proposals worth Rs 720 crore have been received.

Chief Minister Dr. Yadav said that a six-level action plan has been prepared for effective follow-up of investment proposals. Under this, MPIDC will screen the investment proposals and enter data and classify them department-wise. The concerned departments will follow up the proposals at the regional office, headquarters and department level on the basis of the investment amount. A relationship manager will be appointed by each department. A strong system of monitoring and reporting has been made for follow-up. The Principal Secretary of the concerned department will review the progress every week and report to the Chief Secretary. Along with this, monitoring has also been arranged at the Chief Secretary and Chief Minister level at fixed intervals. Necessary coordination and cooperation will be done by the concerned department for land allocation, approval and necessary clearances to realize the investment proposals. Along with this, arrangements have also been made to obtain feedback from investors for analysis and solution of their feedback.

Chief Minister Dr. Yadav said that work will be done by making a strategy to convert the proposals into actual investment. For this, proposed industrial areas will be developed on priority and sector focused industrial sectors will also be developed. By making the collectors aware of the requirement of land and water at the district level, availability will be ensured within the time limit. Plug-and-play facility will be developed so that investors can start operating their unit quickly. MP Investor Portal has been upgraded in the state. Along with this, a special cell in MPIDC will ensure inter-departmental coordination.

Chief Minister Dr. Yadav reviewed the upcoming action plan of new and renewable energy, mineral resources, urban development, science and technology, tourism, MSME point-wise. Giving information about the activities to be conducted under the Industry and Employment Year 2025 in the meeting, it was told that along with the sector focused summit, participation will be made in programs at national and international level including skill enhancement program, coordination of ITI and industries, organizing EODB clinic for ease of doing business.

Neemuch-Agar-Shajapur Solar Park will achieve the renewable energy target set by Prime Minister Shri Modi

It is noteworthy that the 1500 MW Neemuch-Agar-Shajapur project has been implemented by Rewa Ultra Mega Solar Limited. RUMSL is a joint venture of Solar Energy Corporation of India Limited and Madhya Pradesh Urja Vikas Nigam Limited. Commercial production of 550 MW has started from Agar Solar Park, commercial production of 155 MW capacity has also started in Shajapur Solar Park. Neemuch Solar Park has a capacity of 500 MW, out of which commercial production of 330 MW capacity has started and the tender process for the remaining 170 MW capacity has been completed. 10 companies participated in the tender. The e-reverse auction started at Rs 2.30 per unit, which closed at Rs 2.15 per unit. Wari Future Engineers Private Limited is making successful development.

The renewable energy projects rapidly developing in Madhya Pradesh reflect the commitment to achieve the renewable energy target set by Prime Minister Shri Narendra Modi and the target of net-zero carbon emissions. The 1500 MW capacity of Neemuch-Agar-Shajapur Solar Park will not only make the state self-reliant, but will also prove to be important from the point of view of energy security and environmental protection of the country.

Jeet

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