Tata's 1,600-Mw Maharashtra project cleared for launch

Image
Sanjay Jog Mumbai
Last Updated : Jan 21 2013 | 3:13 AM IST

After five years of opposition and negotiations, Tata Power’s 1,600-Mw project in Raigad district of Maharashtra has concluded the official formalities for joint survey of the affected land by the district collectorate and the affected farmers.

Alongside, it got approval for its compensation/rehabilitation package to the affected owners of the 1,200 acres at issue, from the state government’s high-powered committee in this regard.

Sunil Tatkare, state finance minister and the district’s ‘guardian minister’ told Business Standard: “What Tata Power has offered is one of the best rehabilitation packages. The majority of PAPs (project-affected persons) have accepted the package, though there will be opposition from some. We will see that the company implements the package in the true spirit and also takes necessary measures for environment protection.”

Shramik Mukti Dal, a body spearheading a long agitation against the land acquisition, has alleged the government has completely misguided villagers on the acquisition and joint measurement procedures.

However, as far as the state authorities are concerned, the matter is settled. The land would be soon transferred to the Maharashtra Industrial Development Corporation, the acquiring agency. MIDC would then transfer the land on lease to Tata Power, which had signed a memorandum with the state government for the project in April 2005.

The company has generation capacity of 1,877 Mw in the state and plans to begin construction for the 1,600-Mw project, to be based on imported coal, by September-October. And, to make the plant operational by 2014.

District collector S O Sonawane said disbursement of payment to farmers would begin in July.

*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: Jun 17 2010 | 12:41 AM IST

Next Story