The Project Monitoring-Invest India Cell (PMIC), a group charged with fast-tracking large public, private and public–private partnership projects for the government of India, has resolved more than half of the 1,038 infrastructure projects that have come under its review, according to Business Standard.
So far, 615 out of 1,038 infrastructure projects have been resolved, valued at Rs 22.35 trillion ($322 billion).
Additionally, 238 projects are currently under consideration, 125 projects required no further intervention by PMIC, and 360 have been fully or partly commissioned.
The projects fall under a variety of sectors, including national highways, railways, chemicals and fertilizers, civil aviation, shipping, coal power, mines, petroleum and natural gas, cement, construction, and steel.
The power sector saw the majority of approved projects (246), followed by road transportation and highways (201), petroleum (52), and steel (42).
