Business Standard
Thursday, May 31, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

NTPC to follow WBPDCL's rehabilitation package
Press Trust Of India / Kolkata Feb 06, 2012, 00:53 IST

Country's largest power company NTPC is expected to follow the rehabilitation package offered by West Bengal Power Development Corporation for land acquisition for the proposed 1,600-MW Katwa thermal power project in the state.

NTPC had decided to go ahead with land acquisition directly from land owners, after the state government said it will not acquire any land for any commercial project. "We have deployed our officials who are making a survey of land for the Katwa thermal power project and we will be following the West Bengal Power Development Corporation (WBPDCL) package for acquisition," an NTPC official told PTI.

BSE | NSE
Price  
NTPC
"We are working closely with panchayat and land department officials," the official said. NTPC has deployed four-five company officials to make a survey for additional 500-600 acres contiguous to the 480 acres of land already acquired by WBPDCL.

The project was initiated by WBPDCL but was transferred to NTPC after it failed to acquire land during the Left Front regime. NTPC has decided to go ahead with the power project with 1,000-1,100 acres, down from the earlier proposed 1,625 acres from 16 mouzas (districts). Though it would take at least 3-4 months for a detailed survey, the initial feedback from the land owners is favourable, NTPC officials said.

"We have noticed emergence of some brokers who are trying to misguide farmers and land owners. But we are not facing any problem so far from them as acquisition is yet to begin," a company official said. There had been reports that land brokers were trying to buy land from the owners in disguise of NTPC officials. Katwa block, with 32 villages, is largely dependent on agriculture and allied activities.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Pre-market: Gap down opening seen
- Spain cries for help: Is Berlin listening?
- Europe's deepening crisis drags Wall St lower
- In Greek suicide note: financial despair and political rage
- Rajat Gupta defence takes aim at trader's credibility
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- 
- "Discover The Power of One"
- Help a Child Achieve her. Click to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 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
- 2 Lac Apartments, 1 Lac House / Plots. Click here
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
   
- Vodafone notice on arbitration premature: Govt
- Coal blocks for infrastructure projects get GoM nod
- Army chief slams BEML on Tatra, awards it Rs 1,500-cr deal
- Wealthy clients turned tables on UBS and staff?
- Tata Motors skids as margins dip at JLR
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  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