Companies | Industry | Economy | Finance | Markets | Currency | Indicators | Commodities | Technology | World | Politics | Comment | Features | Investor's Guide | Brand Equity | Corporate Dossier | Free Email | Chat | Message Boards
 
 In  
 Frontpage
  All ET Headlines
  Companies
  Industry
  Economy
  Finance
  Markets
  Currency
  Indicators
  Commodities
  Technology
  World
  Politics
  Comment
  Cartoon
  Features
  ET Tax Centre
   
MAGAZINES
    Investor's Guide
    Brand Equity
    Corporate Dossier
 
SPECIALS
CROSSWORD
    Java version
    Image version
 
ET SERVICES
    Newsletter
    All Message Boards
    Chat
    E-mail
 
ABOUT US
    ET Audience
    Advertisers' Index
    About the publisher
 
    Contact Us
    Archives
 
 
 
 
Friday Jun 30 2000
Indira Sagar project: MP to focus on power
K S Shaini
BHOPAL
LACKING, as it does, the wherewithal to finance the Rs 5,000-crore Indira Sagar project on Narmada, the Madhya Pradesh government has decided to concentrate only on the power component of the multipurpose project.

The government will seek loan from Power Finance Corporation for the purpose. Alternatively, the possibilities of forging a joint venture with the Union government or the National Hydel Power Corporation (NHPC) will be explored.

The Indira Sagar project at Punasa in Khandwa district is the biggest of the 29 major projects contemplated in the Narmada valley. The 92-metre high and 654-metre long dam, on completion, will form the biggest manmade lake in the country with an area of around 1,000 sq km.

The project is expected to irrigate 1.23 lakh hectares and will have an installed capacity of 1,000 mw. The dam is crucial for the Narmada project as it will make regulated releases of water to the further downstream Onkareshwar, Maheshwar and Sardar Sarovar dams.

However, the NBA-sponsored anti-Narmada project campaign and acute financial constraints have taken their toll on the project, leading to massive time and cost over-runs. When work on the project was launched in 1987, it was expected to cost Rs 1,400 crore and was to be completed by 1995.

The project is still languishing and its cost is now estimated to be around Rs 5,000 crore. With the current flow of finances, the project will take another 30 years.

Previous    Next 

 
The Times of India
 

IDBI clears loan for Essar Oil project

Indira Sagar project: MP to focus on power

Confusion over IATT exemption for N-E

The grain bowl is drying up

WB to give $300m for education

Best practices norms for MNCs in place



I n d i a ' s  N o 1  B u s i n e s s  N e w s p a p e r

 


Indiatimes Channels :   Astrology  |  Auto  |  Business  |  Chat  |  Computing & Internet  |  Cricket  |  Culture  |  Egreetings  |  Email  |  Entertainment  |  Festivals  |  Free Homepages  |  Health  |  Message Boards  |  Music  |  News  |  People  |  Photo Gallery  |  Recipe Guide  |  Religion  |  Times Cricket Ratings  |  Times City  |  Travel  |  Tween Times  |  Weather  |  Women

Times Group Sites :   Indiatimes  | The Times Of India  | Femina  | Filmfare  | Times Classifieds  | Property Times  | Education Times  | Maharashtra Times  | Responservice  | Times Computing  | Jobs & Careers  | Times Multimedia


Copyright © 2000 Times Internet Limited. All rights reserved.  | Terms of Use  | Feedback