SC nod to Reliance pipeline via Maharastra sanctuary
The Supreme Court has permitted Mukesh Ambani-owned Reliance Gas Transportation Infrastructure (RGIT) to lay down a gas pipeline through the Great Indian Bustard Sanctuary in Maharasthra.
Clearing the decks for the Reliance Industries Limited (RIL) subsidiary, a bench headed by Chief Justice KG Balakrishnan asked the company to deposit 5 per cent of the project cost with the Compensatory Afforestation Management and Planning Authority's (CAMPA) Compensatory Afforestation Fund that has been created for realising the net present value (NPV) of diverted forestland.
The court specified that no forestland in the sanctuary would be used for setting up the project and that only the pipeline would be put underground. The sanction came after the court-appointed Central Empowered Committee (CEC) cleared the project. CEC studies the environmental and ecological impact of all the projects that need to be implemented in the country's forest areas.
Out of the Rs 11,500-crore project for a 940-km pipeline, 83.9 km would be inside the sanctuary. The cost of laying the pipeline in the sanctuary would be Rs 520 crore, of which 5 per cent or Rs 26 crore would be given to the fund. The fund would be spent for afforestation and educating people on the Great Indian Bustard, an endangered bird
Reliance advocate Mukul Rohtagi said the company would lay a pipeline that would cover an area of 241.18 hectare in the sanctuary. Reliance Gas Transportation Infrastructure claims that transportation of natural gas and hydrocarbon was most economical, safe and environment-friendly and would not cause any emissions and congestion on the roads.
Enter your email to get our daily newsletter in your inbox
- Employment figures demonstrate the mountains that still have to be moved to achieve parity between men and women in the financial services sector.
- In an argument at the intersection of intellectual property and the separation of powers, the justices on Monday will consider a challenge to a congressionally-created board that critics have dubbed a “death squad” because of its tendency to toss out patents.
- Facebook and Google are already partnered with Reliance and own stakes in Jio Platforms
- Gold set off to a brighter start at the beginning of the week as the price of the precious metal went up by ₹278 to ₹46,013 per 10 grams on Monday.