Daily Archives: September 14, 2013

Farmers demand price as per new Land Acquisition Bill

Kancheepuram: Even before the Land Acquisition Bill receives Presidential Assent and became an act, farmers in Cheyyur in Tamil Nadu have demanded compensation as per rates fixed in the legislation for their farm lands sought to be acquired by a subsidiary of Power Finance Corporation for a power plant.

The farmers accused the Coastal Tamilnadu Power Limited (CTPL), floated by Read more…… http://zeenews.india.com/news/tamil-nadu/farmers-demand-price-as-per-new-land-acquisition-bill_876245.html

Environmental clearance for two mega power projects awaited: Tamil Nadu

New Delhi, Sep 10 (IANS) The central environment and forest ministry is yet to give its nod for two mega thermal power projects in Tamil Nadu despite its own expert committee having given its sanction for the projects, state Power Minister Natham R. Viswanathan said Tuesday.

Speaking at the power ministers conference here, Viswanathan said: “Even though the expert appraisal committee of ministry of environment and forest has recommended environmental clearance for our Udangudi Super Thermal Power Project and Cheyyur Ultra Mega Power Project, the final clearance is yet to be issued by the ministry.” Read more……. http://news.in.msn.com/business/article.aspx?cp-documentid=253664951

Power Finance Corp to hold bidders’ meet in four cities for two ultra mega power projects

NEW DELHI: The government has kicked-off biddingprocess of two ultra mega power projects envisaged to be set up under the new framework at a cost of about Rs 40,000 crore.

Power Finance Corp, the nodal agency for bidding the 4,000-mw projects in Orissa and Tamil Nadu, will host four conferences with prospective bidders in the next 20 days at Delhi, Mumbai, Bhubneshwar and Chennai, a senior company official said. Read more…… http://articles.economictimes.indiatimes.com/2013-09-07/news/41855042_1_bidding-process-power-finance-corp-ultra-mega-power-projects

PFC signs MoU with states for bidding 2 UMPPs

Power Finance Corp has kick started the process of bidding two ultra mega Power projects by signing an agreement withstates authorizing company to issue bid documents as approved by the government last week.

The procuring states for the two ultra mega power projects at Bedhabahal and Cheyyur are Odisha, Punjab, Rajasthan, Uttar Pradesh, UttarakhandChhattisgarh, Haryana, Read more…….. http://articles.economictimes.indiatimes.com/2013-09-05/news/41802721_1_environment-clearance-umpp-cheyyur