BHEL to refurbish five Obra units
THE STATE cabinet today decided to rope in Bharat Heavy Electrical Limited (BHEL) to refurbish five units of Obra power plant generating 1000 MW of power.Updated: May 11, 2006 01:27 IST
THE STATE cabinet today decided to rope in Bharat Heavy Electrical Limited (BHEL) to refurbish five units of Obra power plant generating 1000 MW of power.
A sum of Rs 1,000 crore would be spent on refurbishing the units, said Bajpai, adding that a sum of Rs 117 crore would be spent on installing environment-controlling device. While 70 per cent of the amount will be taken as loan to implement the project the State government will provide the remaining amount.
This would save 30 per cent of coal requirement for the project, he said.The State cabinet also decided to involve NGOs, cooperative societies and the Panchayat Raj institutions to grant them franchise for collection of revenue, meter reading and distribution of bills under the rural electrification scheme. This would not entail any additional burden on the UP Power Corporation Limited (UPPCL), said Bajpai adding the Centre would release a sum of Rs 2500 crore following the decision.
The State cabinet decided to amend the UP Sugarcane Act 1953 to do away with the provision of constituting the sugarcane board. The board had not been constituted ever since the Act was enacted, said Bajpai adding the issue had figured in various litigations. Hence, the State cabinet decided to do away with the provision of constituting the board, said Bajpai. The State Cabinet also decided to amend the UP Sugarcane Supply and Purchase Order that empowered the State government to fix minimum support price for sugarcane. As per the amendment the words “minimum price notified by government” will be replaced by “a price notified by the government.”
The State cabinet also approved an integrated housing policy to allow exemption of notified land and allot it to builders.
The State cabinet approved the new ‘High-Tech Township Policy 2006’ that provides that the developer of any township should have a minimum net worth of Rs 100 crore for the past three years. The new policy will replace the ‘High-Tech Township 2003’. The new policy provides for a minimum area of 1500 acre and a maximum area of 5000 acres to develop the township.
A minimum investment of Rs 1000 crore will have to be made by the developer who will be allowed to develop a maximum of two townships in the state.
First Published: May 11, 2006 01:27 IST