- Chief Minister Mamata Banerjee launches green projects with funding from European countries
- The green projects estimated at Rs 1,225 crores have the potential to generate employment of over one lakh.
West Bengal Chief Minister Mamata Banerjee on Wednesday virtually inaugurated two green projects estimated at over Rs 1,225 crore to be set up in collaboration with European countries and said that they have the potential to generate employment of over one lakh. The ambassadors of Italy, Netherlands, and the European Union and the deputy ambassador of Germany took part in the virtual inauguration.
A 200 MW solar power project will be built in Purba Midnapore district at a cost of Rs 1,200 crore while a Euro 3 million (over Rs 25.75 crore) waste management and sustainable development project will come up at the Calcutta Leather Complex in Bantala here, said the chief minister.
She further affirmed that these two projects were results of MoUs signed at the Bengal Business Conclave held in December last year in Digha.“I am happy to launch two eco-friendly and sustainable development projects in the state,” Banerjee declared at the inaugural program held via video conference.
The chief minister also said that there will be financial assistance of Rs 1,000 crore from KfW, a German development bank, for the solar power project. The project will produce around 350 million units of power per annum and generate thousands of employment, Banerjee added.
The waste management and sustainable development project at the leather complex being set up in collaboration with Dutch partners will create over one lakh jobs, Mamata Banerjee said. She also conveyed hopes that it will be a model leather complex in the world.
The chief minister also thanked the investors from European countries, representatives of which were present at the virtual meeting, for keeping their commitment even during this COVID-19 pandemic situation.
(With PTI inputs)