A how-to-guide: Measuring subsidies to fossil fuel producers
<p>The production of fossil fuels
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3 NTPC projects get green signal
Making a
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Rehab recipe
<font face=arial size=3 color=#CE181E><b>•</b></font> Free houses for displaced people at the rate of 125 sq metres in rural areas, and 63 sq metres in urban areas<br>
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Mangalore facing sea erosion threat
With the south-west monsoon all set to descend on coastal Karnataka in the next few days the spotlight in Mangalore has now shifted from power projects, underground drainage, land acquisition and ADB
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- IBRD official for amending Land Acquisition Act
Ellen Schaengold, chief of World Bank's social development division, yesterday said that the Land Acquisition Act needed to be modified further in view of the country's changing socio-economic
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Land assent score: 20 out of 4000 farmers
Only 20 of the 4,000 farmers whose plots have been notified for acquisition by Tata Motors have consented to part with their land in Singur. Hooghly district magistrate Binod Kumar revealed this at a
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The iron ore rush
Companies can t wait to mine Orissa s rich deposits; government goes with the flow
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Tatas prune rights issue size
Bs Reporter / Mumbai August 21, 2008, 0:53 IST Tata Motors drops Rs 3,000-cr convertible preference share issue plan: To sell investments to group firms for part-financing JLR acquisition. Tata Motors has decided to scrap a plan to raise Rs 3,000 crore by issuing convertible preference shares to help part-finance the acquisition of Jaguar and Land Rover. The company's board, which met today, instead decided to sell investments to group companies at the prevailing market prices over the next six to eight months.
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We are ahead in attracting investments
Chhattisgarh, which became a separate state in November 2001, has the richest reserves of minerals in India. It is for the same reason that it is attracting a lot of investors, says the state's Chief Minister Raman Singh. In conversation with Yeshi Seli, the chief minister points out that steel and power projects would be attracting major investments in the years to come. The Tatas had evinced a keen interest in setting up a steel plant in Chhattisgarh but that ran into rough weather. What is the latest on that front? Substantial progress has been made ii the project that the Tatas would be setting up. The land acquisition proceedings have already been completed. And contrary to what some people may want to believe, majority of the farmers have accepted the compensation package. In fact, we are certain that onsite work on the project would begin by the end of February or the beginning of March this year. As far as the farmers are concerned, we have provided a modern and pro-people 'rehabilitation package' to them, which includes alternate agricultural land for those who want to continue with agriculture, instead of accepting an employment in the plant. As you may be aware, Chhattisgarh is rich in minerals and our government has formulated a specific policy of value, addition of our natural resources within the state. Our good quality iron ore, bauxite and lime stone have attracted a number of iron & steel, aluminium and cement industries to invest in our state. We are number one state in attracting investment proposals and have received offers worth around Rs, 10,000 crore. Installation of various industries is in different stages of completion and more than Rsl5,000 crore have already been invested in these sectors within the last four years. There were reports suggesting that L.N. Mittal wanted to set up a greenfield steel plant in your state... There are many Indian and foreign companies that are interested in setting up steel plants in our state. However, till something conclusive is arrived at, it would not be prudent on our part to divulge details for the same. Would your state prefer investment by domestic companies like the Tatas to international majors like Mittal? Projects which are in the interest of the state, be it by Indian or foreign companies, would be offered a level playing field in Chhattisgarh. However, we would look forward to proposals/investments in new technology sectors like it. It is also understood that Chhattisgarh has huge reserves of diamonds and international majors like De Beers were allowed to mine in the state. What were the results of the same? Yes, there are diamond reserves in our state. Regarding De Beers, some of its projects have been recommended by our government to the Centre for granting it prospecting licence. With new projects coming up, there would be additional requirement of power. Is your state equipped with adequate power? During the past two decades, not one new power project was established in our state. However, things have improved now, as thermal power projects with a collective capacity of 500 megawatt (mw) Tiave been established here recently. Also, an action plan has been prepared to make our state the power hub of the country. Accordingly, MoUs have been executed to set up power plants with 30,000 mw capacity, which would be worth about Rsl,35,000 crore. On 1 January 2008, Chhattisgarh became a 'no power-cut state'. Now, we are supplying power for 24 hours in our rural as well as urban areas without any interruption. We have also invested around Rs20,000 crore to improve our transmission and distribution network for quality power supply. How do you ensure law and order for those coming to invest, as there is a huge Naxalite problem in Chhattisgarh? The long-standing problem of Naxalites is not limited to Chhattisgarh alone. This problem will have to be tackled in close co-ordination with the Union government and other affected state governments. I think the efforts taken in this direction are yielding positive results. The worst phase, I feel, is over. People in the affected districts are now fed up with this menace and are voicing their resistance towards Naxalites, which is creating panic within the Naxalites. The state government is in control of the situation and I don't think it will affect the flow of investments in the state.
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Majestic underground Metro station: Work from July 1
The Bangalore Metro Rail Corporation Limited (BMRCL) will be carrying out the work for its proposed underground station at Majestic from July 1 2009. With a permanent acquisition of nearly 7.5 acres of land, the BMRCL will have in its possession approximately 20 acres at the time of construction.
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Take off
Cheap land driving industry in <i>terai</i>
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We oppose farm land for power projects: BJP
BHUBANESWAR: While the steel project of Posco is hanging fire due to stiff resistance from the public over land acquisition, the BJP today announced its support to the farmers of Angul and Dhenkanal districts opposing acquisition of agricultural land in the Rengali right canal command area for independent power projects (IPPs).
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Impending displacement for Orissa villagers
The Orissa government has finally begun disbursing compensation to likely oustees in the lower Suktel dam project. Nineteen families of Magurbeda village in Balangir district have been handed over a rehabilitation package of more than Rs 12.5 lakh. Ironic
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Indonesia’s economic success hinges on energy-sector investment, realistic goals
New IEA review of country’s energy policies lauds phase-out of gasoline subsidies as key first reform 17 February 2015 Jakarta Indonesia is enhancing the governance and transparency of its energy
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Update
The Group of Ministers on the draft resettlement and rehabilitation policy had its third meeting on July 19, where it considered increasing the state governments' role in land acquisition for
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Land for gas pipeline: SC notice to Reliance
The Supreme Court today issued notices to Reliance Gas Transportation and Infrastructure Ltd, and the Ministry of Petroleum and Natural Gas on the appeals moved by more than 50 land owners of Surat, alleging that the Mukesh Ambani-led company had not paid them adequate compensation for acquisition.
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Not bowed down
Clash between tribals and the police at Orissa steel complex
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NPCIL to Complete Groundwork for Bengal Project by 12
Nuclear Power Corporation of India (NPCIL) is slated to complete preliminary ground work for its controversial 6,000 mw power plant in West Bengal by March 2012. The proposed nuclear power project at Haripur has run into trouble with locals resisting land acquisition. NPCIL, however, has gone ahead and started ground work.
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Update
Nandigram in West Bengal continues to witness sporadic outbreaks of violence between anti- and pro-land acquisition forces. On April 29, one person was killed and two others injured in clashes
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Hearing in Dadri case hits roadblock
The appeals filed by Anil Ambani-led Reliance Power Ltd (RPL) on acquiring land for its proposed Dadri power project in Uttar Pradesh hit a roadblock in the Supreme Court today, as one of the judges had apparently heard the case when he was in the Allahabad High Court.