Presenting the General Budget 2015-16 in the Lok Sabha on Saturday, Union Finance Minister Arun Jaitley said all clearances and linkages will be in place before the project is awarded by a transparent auction system.
This will unlock investments to the extent of Rs. 1 lakh crore.
The minister said the government will also consider similar plug-and-play projects in other infrastructure projects such as roads, ports, rail lines and airports.
Jatiley announced that the second unit of Kudankulam Nuclear Power Station will be commissioned in 2015-2016.