MoneyWorks4Me

Suryachakra Power Venture’s MP power plant yet to get MOEF clearance

28 Dec 2011 Evaluate

Suryachakra Power Corporation’s subsidiary Suryachakra Power Venture has faced a roadblock, as the Ministry of Environment and Forests (MoEF) has deferred the clearance of 1,320-MW coal-based power plant being developed by the company in Madhya Pradesh since it appears that the plant falls within the buffer zone of a tiger reserve.

The power plant is falling within the buffer area of the Sanjay Gandhi Tiger Reserve proposed to be set up in Sidhi district of Madhya Pradesh. The company has to get the no-objection certificate from the concerned authorities in the Wildlife Department. 

Suryachakra Power Corporation (SPCL) is the flagship company of Suryachakra Group with interests in Power generation - renewable energy (biomass, solar, hydro) and coal based, engineering and consultancy and urban infrastructure development activities.

Peers
Company Name CMP
NTPC 326.20
Tata Power 366.80
Adani Power 203.00
Power Grid Corpn. 269.25
Adani Energy Solut. 1339.40
View more..