New Delhi: The CAG report on Ultra Mega Power Projects (UMPP) on Friday said that Reliance Power and Tata benefited in the Sasan Ultra. Panel seeks clarification from power ministry on CAG report. According to the original bidding norms, coal meant for one UMPP could not be. The CAG report on Ultra Mega Power Projects was tabled in Parliament today. UMPP was a concept being tried for the first time in
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Response of Ministry of Power to CAG Report on the Performance Audit of Ultra Mega Power Project
Audit has observed that few conditions were softened in the SBD. The High court dismissed the petition filed by Geport Power on Qualifying Criteria and Bid Evaluation 3.
Our audit reports are scrutinised at two-three layers and all facts and figures are based on documentary evidences. Kohli and for Tilaiya — Shri Ump. Received only 34 cm rainfall during the season. CAG conducted the audit with a very specific mandate.
The report says that to ensure fair play, a level playground and transparency of bidding process for future developers to derive comfort in Government action, the allocation of the third teport block — Chhatrasal — be appropriately reviewed. In the famed carpet belt of Bhadohi, UP, the first centre to train as well as employ women in carpet weaving The global spot gold prices surged 1.
CAG slams government over ultra mega power projects
Concept of UMPP of providing allocation of captive coal block, acquisition of land citing public purpose, Government facilitating all clearances were in the direction of reducing the risk related to these important pre-project development activities and hence build confidence of the bidders so as that bidders can take up the construction of the project once the project is awarded.
All the changes were carried out before the bids were submitted and the changed provisions were known to all the bidders. The domestic steel consumption growth is expected to grow by 7 per cent The draft report notes how the standing committee of the coal ministry had said, while approving the mining plan for the Chatrasal inthat there was no justification for allocation of the Chatrasal block for the Sasan UMPP, but the mining plan is being approved in view of the need to step up coal production.
Power projects were not implemented on such a large scale in the private or Govt. The six pithead sites are: Undue benefits to R-Power: The evaluation of bids was carried out as per what is stated in the bid document.
In Maharashtra, it appears the rural jobs scheme is being implemented on paper alone. The stock surged 3.
Policy Implementation is the real challenge for RE-power in India: Together we build journalism that is independent, credible and fearless. Thus, the decision is based purely in public interest. Core industries output grows 3.
There are no upcoming events. Published on August 17, An excess of Modi regime is spending more on material component, less on labour, so people are not benefited, says CP Joshi UMPP was a concept being tried for the first time in This led to a surplus allocation of mt, or 9 mtpa, to the company leading to a benefit of Rs 4, crore over 25 years.
EGOM allowed the excess land to be retained by the developers instead of utilising the same for other public purposes. Please use a genuine email ID and provide your name.
The eight core industries output grew 3. Your email address will not be published. The draft report said though the issue of usage of surplus coal is defined in the guidelines of the coal ministry and forms a part of the bid documents, the allocation um;p did not spell out upfront over the issue.
CAG report on power: ‘Tata, Reliance favoured’
Although the figure is substantially lower than the initial estimate, the final report — which is expected to be tabled in Parliament in April — is likely to stick to Rs 15, crore. What a year has been! The Qualifying Requirements enabled wide competition among the bidders and this had a reflection in the lower tariff of UMPP projects, thus protecting the interest of the consumers. It is going to be a long walk to make a strong statement on gender equality in the country.