Stalin urges PM to hand over Integrated Vaccine Complex to TN on lease
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“I am very keen that this modern facility must be made functional immediately in the interest of our State as well our nation. This would substantially enhance the nation’s vaccine production capacity,” the TN CM mentioned in a letter to PM Modi
Tamil Nadu Chief Minister M.K. Stalin has written to Prime Minister Narendra Modi looking for his intervention for handing over the property of the Integrated Vaccine Complex (IVC) in Chengalpattu, owned by HLL Bio-Tech Limited (HBL) below the Union Ministry of Health, to the Tamil Nadu authorities on lease in order that the power might be put to use on the earliest.
In his letter to Mr. Modi on Wednesday, Mr. Stalin identified that the fashionable and high-capacity vaccine manufacturing facility in Chengalpattu district was mendacity un-utilized. “I wish to propose that the assets of IVC may be handed over to the State [Tamil Nadu] government on lease, without any past liabilities and with full operational freedom. The State government will identify a suitable private partner immediately and will make all efforts to commence vaccine production at the earliest,” Mr. Stalin mentioned.
An appropriate monetary association for the Union authorities to recuperate part of its funding could possibly be subsequently labored out after the graduation of operations, Mr. Stalin mentioned and urged Mr. Modi’s intervention to instantly hand over the property of IVC owned by HBL to the Tamil Nadu authorities in order that the power might be put to use on the earliest.
The Union authorities had already invested round ₹700 crore on this manufacturing facility but it surely has been mendacity un-utilized for need of further funds. The latest try to discover a non-public accomplice to run the IVC has additionally not borne fruit, as there have been no bidders for it.
“I am very keen that this modern facility must be made functional immediately in the interest of our State as well our nation. This would substantially enhance the nation’s vaccine production capacity and cater to the vaccine requirements of the country as a whole and Tamil Nadu in particular,” Mr. Stalin mentioned.
It could also be recalled that Mr. Stalin had written to the Union authorities urging that the power in Chengalpattu district be made operational in order that vaccines could possibly be produced on the unit on the earliest. Earlier this week, Mr. Stalin had additionally visited the power and held a gathering with senior officers there.
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