Comments
Reacting to the CAG report, a Reliance Power spokesperson said its observations were “misplaced and bereft of facts.”
The spokesperson said as per the bidding conditions of the project and power purchase agreement, the responsibility for acquiring land for the project and the mines was that of the State Government where the project was being executed.
“Any increase in cost incurred on acquiring non-forest land for compensatory afforestation would have increased the cost of the project, which, in line with the bidding conditions, has to be borne by the power procurers from various States,” the spokesperson said.
The company official claimed that the exemption from acquiring non-forest land for compensatory afforestation had not benefited or extended any ‘undue favour’ to Sasan Power Ltd.
“Instead the benefit has accrued to the over 35 crore consumers across seven States who are the ultimate beneficiary of low-cost power from the Sasan UMPP,” the company spokesperson said.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.