India Stalled Tender

The Government of India has set- up a Project Monitoring-Invest India Cell PMIC earlier known as Project Monitoring Group for resolving of issues and fast tracking the setting-up and expeditious commissioning of large Public Private and Public-Private Partnership PPP Projects. However there is no prescribed criterion for classifying a project as a Stalled Project. The primary focus of PMIC is on expediting the approvals for clearances from Central and State Authorities for setting-up of projects. PMIC does not distinguish between a stalled or an under implementation Project in accepting a project for resolution of its issues.PMIC has been monitoring the resolution of a variety of issues brought before it by the Central MinistriesState Governments and project proponents. So far out of 1038 projects considered by PMIC issues in 615 projects anticipated investments Rs. 2234805 Cr have been resolved and issue of 125 projects anticipated investment Rs. 819780 Cr required no further actionintervention from PMIC. Out of these 740 Projects 340 Projects have been partlyfully commissioned with actual flow of investments amounting to Rs.11.66 lakh crore approx. till 08.02.2019 while 238 projects worth Rs.8.5 lakh crore are in the pipeline. As on 12.06.2019 298 projects anticipated investment 1098710 Cr. are under consideration of PMIC.