Patna: The Bihar government on Friday granted preliminary clearance to 19 investment proposals amounting to nearly Rs 1,180.98 crore during a State Investment Promotion Board meeting chaired by Additional Chief Secretary of the Industries Department Mihir Kumar Singh.
These proposals, each exceeding Rs 2 crore, will now be forwarded to the High-Level Investment Promotion Board for in-principle approval. Among them, nine units with proposed investments totalling Rs 74.24 crore were recommended for financial clearance.
Additionally, 14 proposals under Stage-1—each involving capital investment up to Rs 2 crore—were reviewed. Of these, four units received financial approval, representing a total proposed investment of Rs 4.89 crore.
Notably, recommendations were made for M/s Ambuja Concrete North Private Limited, a wholly-owned subsidiary of Adani Group’s Ambuja Cements, along with M/s Krisnandan Health Care Pvt Ltd, M/s Sugna Food Private Limited, M/s Sonu Nancy Agro Pvt Ltd, and M/s Nipton Foods and Feeds Pvt Ltd, among others.
The meeting was attended by Director of Industries Nikhil Dhanraj Nippanikar and senior officials from the Bihar State Pollution Control Board, Commercial Taxes Department, Fire Services, Revenue and Land Reforms Department, Labour Resources Department, and Energy Department.
