Idco seeks infra nod for UMPP

Image
BS Reporter Bhubaneswar
Last Updated : Sep 27 2014 | 12:22 AM IST
The state’s agency for land acquisition Odisha Industrial Infrastructure Development Corporation (Idco) has sought clearances from the department of water resources and chief engineers of national and state highways for water pipeline corridor for the 4,000 Mw ultra mega power plant (UMPP) coming up at Bhedabahal near Sundargarh.

The water pipeline corridor needs 118.93 acres of land that will cross rivers, canals and roads. The UMPP estimated to cost Rs 20,000 crore needs 3,246 acres land in all that includes 2,733 acres private land, 444 acres government land and the rest 69 acres revenue forest land.

The government non-forest land of 444 acres is being alienated in 33 cases.

The UMPP is being implemented by Odisha Integrated Power Ltd (OIPL), a fully owned subsidiary of Power Finance Corporation Ltd (PFC). OIPL has received applications from nine prospective developers — Adani Power, CLP India, Jindal Power, JSW Energy, Larsen & Toubro, National Hydro Power Corporation, NTPC, Sterlite Infraventures and Tata Power.

The selection of bidder is being done as per the tariff based competitive bidding guidelines issued by the Central government on design, build, finance, own and transfer basis.

The R&R (rehabilitation & resettlement) plan has been provisionally approved by the Rehabilitation and Periphery Development Advisory Committee. But land for R&R colony is yet to be finalized by the district administration. Indian Institute of Technology (IIT), Kharagpur has been engaged as consultant by OIPL for planning and designing the R&R colony.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 25 2014 | 8:34 PM IST

Next Story