Tag Archives: power sector

Real estate investors push the power plant

The following is an earlier article and pertains to the MARG Swarnabhoomi project in Cheyyur and not the power plant. However, it is suspected that the push for the power plant and the land acquisition, including of additional land may all be related to a concerted real estate push in the region.

Glaring irregularities in 2 SEZ properties

The Comptroller and Auditor General (CAG) of India has, in its latest report, brought to light glaring irregularities in land deals involving SEZ properties in Chengalpattu and Cheyyur in Kancheepuram district.

In both SEZ properties, the CAG audit found that vacant land or land with constructed residential units were “sold” to private individuals under the guise of “lease” thereby helping the developers pocket an undue gain in the form of exemption of stamp duty and registration fees to the tune of Rs. 8.68 crores apart from other benefits such as exemption of VAT, CENVAT, Service Tax, Customs Duty and Income tax.

The CAG report for the year ending March 2012 which was tabled in the Assembly on Wednesday has also recommended to the government to take steps to set right the irregularities that resulted in violation of SEZ rules and to recover the undue benefits passed on to developers/co-developers of these properties.

Read more: http://www.thehindu.com/news/national/tamil-nadu/glaring-irregularities-in-2-sez-properties/article4718621.ece

Cheyyur power project trips over environmental clearance

The Rs 24,200-cr coastal project has run into trouble because of differing views on its threat to local ecology

The government’s attempt at reviving investor interest in its flagship Ultra Mega Power Projects (UMPP) scheme after a four-year lull is headed south – quite literally. One of the two such newly-announced projects in Cheyyur village, 96 kilometre south of Chennai in Tamil Nadu, has been engulfed in a controversy spanning economic, social and ecological domains. With the National Green Tribunal last month restraining the authorities from awarding the Rs 24,200 crore project, the future hints at a long-drawn battle between the protesting local inhabitants and the project proponent, Power Finance Corporation (PFC), which arranges clearances before such projects are bid out to companies.

The preliminary work on the Cheyyur UMPP began in 2006 with teams from the Central Electricity Authority, the power ministry’s technical and planning wing, conducting site visits in Cheyyur, one of the four sites identified in the state for a UMPP project. A Special Purpose Vehicle called the…………… Read more: http://www.business-standard.com/article/economy-policy/cheyyur-power-project-trips-over-environmental-clearance-113112001126_1.html

Cheyyur plant green nod challenged

A resident of Panaiyur Periakuppam in Kancheepuram has moved the National Green Tribunal here challenging the Environment Clearance (EC) awarded recently to the proposed 4,000 Megawatt Ultra Mega Power Project in Cheyyur belonging to the Power Finance Corporation by the Ministry of Environment and Forests (MoEF).

This is the second case relating to the project now with the NGT. Last year, the same petitioner filed a petition against the EC provided by the ministry………Read more: http://newindianexpress.com/cities/chennai/Cheyyur-plant-green-nod-challenged/2013/11/13/article1887805.ece

Tamil Nadu: farmers block power plant, demand compensation under new land law

Cheyyur, Tamil Nadu: Around 300 farmers have refused to part with their land in Cheyyur, 100 km from Chennai on the Tamil Nadu coast, for the Rs. 24,000-crore power plant, asking the government to wait till the newly-elected Land Acquisition Act comes into force so that they could get market rates for their land.

Farmers allege the government is rushing them to save money for the big companies who would bid for the 4000 MW Cheyyur Ultra Mega Power Project plant. Read more http://www.ndtv.com/article/south/tamil-nadu-farmers-block-power-plant-demand-compensation-under-new-land-law-437217

Villagers up in arms against Cheyyur plant

By Express News Service – CHENNAI

Published: 23rd October 2013 08:40 AM

Last Updated: 23rd October 2013 08:40 AM

Inhabitants of several villages near Cheyyur in Kancheepuram, where a proposed 4,000 MW thermal power plant is to be situated, on Tuesday alleged that the Power Finance Corporation (PFC) was deliberately withholding key information from prospective investors for the project.

They said the villages in the area were determined not to let the project be implemented as it was posing grave danger to their livelihood. In a press meet here on Monday, residents of several villages around the project area said that the PFC had already conducted a meeting for prospective investors……..Read morehttp://newindianexpress.com/states/tamil_nadu/Villagers-up-in-arms-against-Cheyyur-plant/2013/10/23/article1850408.ece

Power firms say Odisha, Tamil Nadu UMPPs not ready for bidding

NEW DELHI: Private power companies have said the two proposed ultra mega power projects in Odisha and Tamil Nadu, likely to be auctioned by the government within this month, were not ready for bidding as many criticalclearances were pending. Read more…..http://articles.economictimes.indiatimes.com/2013-09-13/news/42041631_1_bidding-norms-ultra-mega-power-projects-coal-blocks

Cheyyur power project: people to move court against MoEF panel approval

Author(s): Srestha Banerjee @sresthab 

Date:Aug 28, 2013

Activists say expert appraisal committee’s clearance to proposed ultra mega power project based on false information furnished in EIA report

In May this year, the Expert Appraisal Committee (EAC) of the Union Ministry of Environment and Forests gave the go-ahead to the Cheyyur Ultra Mega Power Project (UMPP) in Kancheepuram district of Tamil Nadu. Local residents and environmentalists of Cheyyur who have been  opposing the 4,000 MW power project are planning to move court to stop the project proposed by the Coastal Tamil Nadu Power Ltd. (CTNPL)—a special purpose vehicle of public sector unit…..Read morehttp://www.downtoearth.org.in/content/cheyyur-power-project-people-move-court-against-moef-panel-approval