Wednesday, March 14, 2001
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Planning panel puts mega chemical project on hold 

Rakesh Sood  
New Delhi, March 13: The fate of the ambitious Rs 50,000-crore mega chemical project proposed by the chemical ministry continues to be uncertain as the planning commission has questioned the rationale of a private consultant for undertaking the feasibility study.

The appointment of a private consultant involving an expenditure of Rs 24 crore has not found favour with the plan body which has questioned the whole rationale of such an expenditure by the ministry, a senior official in the chemicals and fertiliser ministry told The Financial Express.

The Ministry of Fertiliser and Chemicals was to appoint an independent consultant to conduct a feasibility study on the viability of the project concieved last year.

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