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Home Plastics

Scheme for setting up Plastic Parks in India

by Rusen Kumar
1 year ago
in Plastics

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Department of Chemicals and Petrochemicals, under the Ministry of Chemicals & Fertilizers is setting up six Plastic Parks in India. There is a scheme in place to establish Plastic Parks across the country. Plastic Parks are being developed in phase manner. In phase-I of the scheme, four Plastic parks in the States of Assam (Tinsukia), Madhya Pradesh (Raisen), Odisha (Jagatsinghpur) & Tamil Nadu (Thiruvallur) are approved for implementation.

In Phase-II of the scheme, preliminary proposals were received from the States of Jharkhand, Madhya Pradesh, Uttar Pradesh, Haryana, Gujarat, Chhattisgarh, Punjab, West Bengal, Uttarakhand, Manipur, Jammu & Kashmir and Rajasthan, and based on merits and examination of completed DPRs, two plastic parks in the States of Jharkhand (Deogarh) and Madhya Pradesh (Bilaua) have been given ‘final approval’ in 2018-19.

The scheme aims at setting up of need based plastic parks, an ecosystem with state-of-the-art infrastructure and enabling common facilities through cluster development approach, to consolidate and synergize the capacities of the domestic downstream Plastic Processing industry.

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The larger objective of the scheme is to contribute to the economy by increasing investment, production, export in the sector and generation of employment.

Under the scheme, the Government of India provides grant funding up to 50% of the project cost, subject to a ceiling of Rs. 40 crore per project. The remaining project cost is funded by the State Government or state industrial Development Corporation or similar agencies of State Government, beneficiary industries and loan from financial institutions.

Under the Scheme, 6 Plastic Parks have been approved in the states of Madhya Pradesh (two), Odisha, Jharkhand, Tamil Nadu and Assam.

Out of these parks, two parks have almost achieved 100% progress in terms of development of physical infrastructure. The brief of these two parks is provided below:

Tamot Plastic Park, Madhya Pradesh

The plastic park approved in 2013 with a total project cost of Rs. 108 cr. The plastic park has completed 100% physical infrastructure in 2020. The authorities have allotted 8 plots in the park to the industry and one unit is already functional in the plastic park

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Paradeep Plastic Park, Odisha

The plastic park was approved in 2013 with a total project cost of approx. Rs. 107 cr. The plastic park has almost completed 100% physical infrastructure in 2020. The authorities has allotted 7 plots in the park to the industry.

As per the Scheme guidelines, a Special Purpose Vehicle set up by the concerned State government, which is the implementing agency, is responsible for all statutory approvals, including environmental clearances from the state level authorities at the DPR stage.

Scheme also provides building common infrastructure to support the plastic production units for hazardous waste management, incinerator, buildings and equipment/machinery for common facilities for characterization, prototyping & virtualization, non-destructive material  testing, incubation, training, warehousing, plastic recycling, tooling, designing, Research & Development, plastic waste recycling etc. and establishment of effluent treatment plant, to ensure environmentally sustainable growth through innovative methods of waste management, recycling, etc.

Photo Credit.

Tags: Plastic Parks in IndiaRusen Kumar
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Rusen Kumar

Rusen Kumar is an Indian journalist writes on Corporate Social Responsibility (CSR) and Sustainability.

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