The government has approved the
launching of a new Integrated Processing Development Scheme (IPDS) to establish
four to six Brown Field projects and three to five Green Field projects with a
total cost of Rs. 500 crore to address the environmental issues faced by the
textile processing units. The scheme will provide government support
for establishing common infrastructure to catalyse private sector investments
in the major processing clusters. The scheme parameters envisage Government
support limited to 50% of the project cost with ceiling limit of Rs.75 crore.
The projects under the scheme would
cover the following:
Group A - Water treatment
& effluent treatment plant and technology (including marine, Riverine and
ZLD).
Group B – Common
infrastructure such as captive power generation plants on technology preferably
renewable/green technology,
Group C – Common facilities
such as Testing Laboratories and R&D centers.
Government of India grant will be
mandatory for Group A only. The Government of India grant shall not be used for
procurement of Land. The land will be purchased/arranged by the SPV. The cost
of land will not be part of the total project cost.
The scheme would also be applicable for
Technology up-gradation and capacity enhancement of the above mentioned
facilities in existing Textile Clusters.
The details of the facilities and
incentives being offered to the projects considered under this scheme are as
under:
The Special Purpose Vehicle shall fund
the project through a mix of equity from members of industry, grant support
from Ministry of Textile / State Government, and the loan from Banks and
Financial Institutions. The Government of India support under the scheme by the
way of grant would be limited to 50% of the project cost, with a ceiling of
Rs.75 crore for projects with Zero Liquid Discharge Systems and Rs.10 crore for
projects with conventional treatment systems. Support for marine discharge
projects would be analyzed on a case to case basis with a maximum ceiling of
Rs.75 crore.
The project cost shall
be borne by the Center, State, Beneficiary, Bank loan in the ratio of
50:25:15:10 respectively.
The information was given by the Minister of State
in the Ministry of Textiles Smt. Panabaaka Lakshmi in a written reply in the Rajya
Sabha today.
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DS/SJM