The Hindu : National : CCEA nod for depositing Rs. 13.7 crore with A.P.

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Friday, Feb 09, 2007
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National

National

CCEA nod for depositing Rs. 13.7 crore with A.P.

Special Correspondent

For acquiring land for Tummalapalle mining project in Kadapa

NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) on Thursday gave its nod for depositing Rs. 13.7 crore with the Andhra Pradesh Government for acquiring land for the Tummalapalle Mining and Milling Project in Kadapa district. The project is being set up by the Uranium Corporation of India Limited, a public sector undertaking under the Department of Atomic Energy.

Briefing mediapersons after the CCEA meeting, Union Finance Minister P. Chidambaram said the project would meet the uranium fuel requirements of the nuclear power programme. Besides developing the area, the project would provide direct employment to 934 persons.

The CCEA also approved the disposal of surplus mustard in seed form and through processing in mustard oil form in the domestic market at prevailing market prices. While 10 lakh metric tonnes of seed will be disposed, two lakh metric tonnes of the surplus mustard will be processed into oil.

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