The Ministry of New and Renewable Energy (MNRE) on Wednesday, June 17 announced the formation of project development cell (PDC) for attracting investments in India.
The central government approved setting up of Empowered Group Of Secretaries (EGoS) and Project Development Cells (PDC) in the ministry and departments of Government of India for attracting investments in India by the development of investible projects in coordination between the central government and state governments and in line with the order MNRE has set up PDC.
The two main objectives of the PDC is to create projects with all approvals, land available for allocation and with the complete detailed project reports for adoption/ investment by investors and to identify issues that need to be resolved in order to attract and finalize the investments and put forth those issues before the empowered group.
In line with the PDC establishment, a portal is being developed to receive proposals from the RE sector, with provisions to check the status of action taken on such proposals.
The notice adds, Department for Promotion of Industry and Internal Trade (DPIIT) is requested to nominate representatives from Invest India to participate in the working of this cell.
