PPP, pvt sector investment in infra project at Rs 2.08 lakh cr

The government today said that combined investments by private players and through PPP stood at Rs 2.08 crore till June end this year under the 11th Five Year Plan.

"A total of 261 projects had been approved by the public private partnership (PPP) approval committee and empowered committees and institutions with capital investment of Rs 2.08 lakh crore till this June end," Minister of State for Planning V Narayanaswamy told Lokh Sabha here in a written reply.

The 11th Five Year Plan envisaged an investment of Rs 20.56 lakh crore in physical infrastructure and 30 per cent of that would come from private sector.

This implies that investment of about Rs 6.19 lakh crore come through private sector participation directly as well as via various forms of PPP, the minister pointed out in the reply.

In March, the Planning Commission had said the investment in the infrastructure sector in the current plan period would be close to the target of $500 billion (Rs 20 lakh crore).

"It does look as if we will achieve (investment in infrastructure sector) very close to $500 billion...This will be primarily because of over achievement in telecom," Plan panel Deputy Chairman Montek Singh Ahluwalia had said.