Vijayawada, Jan. 30 -- The third meeting of the State Investment Promotion Board (SIPB) on Thursday approved 15 projects worth Rs 44,776 crore in Andhra Pradesh.
The 15 projects that the SIPB approved today are mainly with regard to renewable energy and food processing sectors, following which the total value of investments till now cleared by the board crossed Rs 3 lakh crore.
Chief Minister N Chandrababu Naidu, who chaired the SIPB meeting held at the State Secretariat directed the officials to clear all the necessary permissions and take steps to see to it that these projects are grounded at the earliest possible.
Already permissions have been granted for projects like ArcelorMittal which is going to set up its units with an investme...