Tribals protest against Maheshwar Project | india | Hindustan Times
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Tribals protest against Maheshwar Project

HUNDREDS OF tribals today took out a rally here and staged a sit-in to protest against Maheshwar Project. The rally organised under the banner of Narmada Bachao Andolan (NBA) demanded shelving of Maheshwar Project, which would not only submerge the prosperous land of Nimar but also wreck the State financially.

india Updated: Mar 04, 2006 15:39 IST

HUNDREDS OF tribals today took out a rally here and staged a sit-in to protest against Maheshwar Project. The rally organised under the banner of Narmada Bachao Andolan (NBA) demanded shelving of Maheshwar Project, which would not only submerge the prosperous land of Nimar but also wreck the State financially.

Earlier, addressing a press conference, NBA activist Alok Agrawal, Chitrupa Palit and people from affected areas said the M P State Industrial Development Corporation (MPSIDC) had given a loan worth crores to Maheshwar project’s implementing agency - S Kumars- in contravention to rules and the Comptroller and Auditor General’s report bore testimony to it.

The State Government has itself handed over investigation in the matter to Economic Offenses Wing (EOW) of police. Although the company failed to return the amount of loan and interest accrued on it, it has been given a chance to return the principal amount by the year 2007 and interest by 2009.

The laxity being shown by the State Government in realising the amount of loan is condemned by the NBA, they said. Similarly, according to Comptroller and Auditor General report, the company owes crores of rupees to the Narmada Valley Development Authority and M P State Electricity Board as well, they said.

The report has also held that the Rs 100 crore loan given to the company by the Power Finance Corporation was also wrong.
Besides, financial irregularities in funding the project, the power generated from the project would be far too costly and its production would be at its peak during the rainy season, when demand for power remains at a low ebb. Therefore, the Maheshwar project would hardly help in overcoming the power crisis, they contended.

They also accused the State Government of being lax and callous in rehabilitation of affected people in 61 villages, which will be submerged in the project.