Published On:February 27 2012
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Gujarat commissions 35 energy projects December 2011
As per the latest data provided by the Gujarat government, of the total 229 memorandums of understanding (MoUs) signed in the energy sector during the Vibrant Gujarat Global Investors' Summits (VGGIS) 2009 and 2011, 35 projects have been commissioned as of December 31, 2011.
In a written reply to the state assembly, state energy minister, Saurabh Patel informed that out of the total Rs 7,84,011 crore worth of MoUs signed in the energy sector during the two summits, MoUs worth Rs 27,170.06 crore have been realised till December 2011. This works out to be 3.46 per cent of the total promised investments during the two summits.
Out of the 229 projects promised during VGGIS 2009 and 2011, 152 projects are under implementation and 35 projects are commissioned. As of December 31, 2011, projects worth Rs 122,531 crore are under implementation and those worth Rs 6,61,480.93 crore are at the preliminary stage. Rs 27,170.06 crore worth of investments have been realised