Business Standard
Sunday, May 27, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

CWC okays revised cost of 4 multi-purpose projects
Bishnu Dash / Kolkata/ Bhubaneswar Aug 19, 2009, 00:57 IST

The Project Advisory Committee (PAC) of the Central Water Commission (CWC) has approved the revised cost estimates of four multi-purpose projects in Orissa.

These projects are Kanpur Irrigation Project, Upper Indravati Extension Project, Lower Indra Irrigation Project and Subernarekha Irrigation Project.

The revised cost estimates were approved in the 98th meeting of the Advisory Committee for consideration of techno-economic viability of irrigation, flood control and multi-purpose proposals held in New Delhi recently.

Sources said, Kanpur Irrigation Project was accorded investment clearance by the Planning Commission in September 2002 at an estimated investment of Rs 428.32 crore.

The project will irrigate 47,709 hecatres annually and envisage construction of 3460 metre long earthern dam across river Baitarani. The cost has been revised to Rs 1067.51 crore without any change in the scope of the project work. The project has increased significantly mainly due to the revised rehabilitation and resettlement (R&R) policy, 2006 framed by the Orissa government. Similarly, the PAC has also approved the revised cost estimates of Upper Indrabati Extension Project. It is a continuation of the old Indravati project located in KBK region of the state and has the potential of irrigating 41,794 hectares every year. Sources said, the original extension proposal was approved by the Planning Commission in March 2003 envisaging an investment of Rs 137.67 crore. However, the revised cost of the project was finalised at 564.77 crore after obtaining the concurrence of the state government, sources added.

The revised cost of the Lower Indra Irrigation Project at Rs 1182.23 crore, up from Rs 521.13 crore, was approved by the Planning Commission in January 2009. The initial cost of the project was estimated at Rs 211.7 crore in 1999 when it was first cleared by the Planning Commission. It is expected to irrigate about 38,870 hectares annually.

The PAC also approved the revised cost estimate of Subernarekha Irrigation Project, which is an inter-state project between Orissa, Jharkhand and West Bengal. The original project was accorded investment clearance by the Planning Commission in December 1995 with an investment of Rs 790.32 crore for the work components in Orissa only. The irrigation project is expected to irrigate 1.87 lakh hectares in the state annually. The present revised cost was finalised at Rs 4049.93 crore including the share cost of Rs 817.52 crore to be borne by Orissa for works to be taken up in Jharkhand.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- Govt mulling private sector corruption law
- Asian markets shrug off risk, may regret it
- Canada's RIM to cut at least 2,000 jobs
- Spain's Bankia eyes stake sales after record bailout
Tags : PAC | CWC | R&R |
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- India to guarantee safe gas transit from Tapi
- Air India pilots wanted a halt to command training of IA pilots
- EGoM to now decide on base price for spectrum auction
- Pak players likely to be part of IPL 2013
- New power equation in BJP
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us