State Exempts 'Power for All' Project from Judicial Preview

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State Exempts 'Power for All' Project from Judicial Preview Follow us on: RNI No. APENG/2018/764698 @TheDailyPioneer facebook.com/dailypioneer Established 1864 Published From ANALYSIS 7 MONEY 8 SPORTS 11 VIJAYAWADA DELHI LUCKNOW AUTONOMY PLUS $271 BN CONSUMER SPENDING TO ROHIT, VIRAT’S ABSENCE BHOPAL RAIPUR CHANDIGARH ACCOUNTABILITY SHIFT FROM CASH TO CARDS, DIGITAL WILL LEAVE BIG HOLE: SMITH BHUBANESWAR RANCHI DEHRADUN HYDERABAD *Late City Vol. 3 Issue 19 VIJAYAWADA, WEDNESDAY NOVEMBER 25, 2020; PAGES 12 `3 *Air Surcharge Extra if Applicable RANA OPENS UP ABOUT HIS HEALTH ISSUES { Page 12 } www.dailypioneer.com TOOTER ‘SWADESHI’ SM PLATFORM AMID ‘LOVE JIHAD’ ROW, UP CLEARS REPUBLIC TV OFFICIAL AMONG 12 PREZ TAKES CUSTOM-MADE AI-ONE FINDS ACCEPTANCE LIKE TWITTER ORDER ON FORCED CONVERSIONS NAMED IN FAKE RATINGS SHEET AIRCRAFT INAUGURAL FLIGHT ooter is a new social media platform that seems to be gaining traction mid furious nationwide debate over "love jihad" - the right-wing Republic TV official has been named in a charge sheet filed in the resident Ram Nath Kovind boarded the Air India One-B777 aircraft on Tfor being “swadeshi” or made in India. Tooter, as the name suggests, Aconspiracy theory that Muslim men enter into relationships with Hindu Afake ratings case by the Mumbai police today. Ghanshyam Singh, PTuesday for its inaugural flight to Chennai, according to a Rashtrapati is conspicuously modelled after the microblogging platform Twitter. Its women to forcibly convert them - the Uttar Pradesh government on Tuesday Republic TV's Head of Distribution, is among the 12 accused named in Bhavan statement. President Kovind interface with a white-and-blue colour scheme, however, is somewhat a evening passed an ordinance to check forced the 1,400-page charge sheet. Seven of the accused are out on bail. is visiting Tirupati in Andhra Pradesh cross-over between Facebook and Twitter. The platform follows the same religious conversions. The ordinance comes less Former employees of Hansa Research, the to offer prayers at the Sri mechanics as Twitter where a user than a month after Chief Minister Yogi Adityanath, agency involved in assessing channel ratings, Venkateswara Swamy temple, it said. can create an account with a while campaigning for UP Assembly bypolls, cited and two more channels accused of "This is the first flight of the Air India @username and email address, an Allahabad High Court order to invoke "Ram manipulating ratings are among the accused. One-B777 aircraft with the head of follow other accounts, read naam satya" - a Hindu funeral chant - to issue a The document names 140 witnesses, including State on board. The aircraft is fuel through a feed populated with thinly-veiled threat to "those who... play with our forensic auditors and members of BARC or efficient and has a longer range than posts from other accounts, as well sisters' respect". The Ordinance says religious Broadcast Audience Research Council, which the B747-400 that are deployed for as customise gro-ups and lists. Its conversions that use falsehood, force or an assesses TRPs or Television Rating Points by similar VVIP operations," the posts are called toots. incentive, or marriage will be declared a crime. monitoring select households. statement said. State exempts ‘Power For All’ Govt takes back land allotted to YSRCP MP-backed firm project from Judicial Preview PNS n VIJAYAWADA The State Government on SNV SUDHIR tional financial agencies was Tuesday issued orders can- n VIJAYAWADA signed on June 22, 2017, prior celling the allotment made to to issuance of the new guide- a private power generating The State Government has lines of Judicial Preview and company to develop a coal exempted works related to reverse tendering in August fired power plant near Markets surge to ‘Power For All (PFA)’ from 2019. Krishnapatnam port in Nellore lifetime highs; judicial preview as well as “The Chairman and district. reverse tendering. Managing Director, AP Eastern The land allotment was Nifty breaches 13K The move comes after inter- Power Distribution Company originally done to M/s Kineta national agencies — World Limited, Visakhapatnam has Power (P) Limited (KPPL), Bank and Asian Infrastructure requested the Government to promoted by YSRCP’s MP Investment Bank — that are exempt the Power For All from Machilipatnam, 8 jointly financing the PFA pro- works under the World Bank Vallabhaneni Balashowry. ject, refused to accept the new project from Reverse However, the company later tendering procedures intro- Tendering and also Judicial changed hands to Naveen duced by the Jaganmohan to target the previous TDP Preview issued by the State Jindal’s Jindal Steel & Power. Performance audit unravels trail Reddy Government. regime. Government and to follow the The allotment was cancelled fter noticing the violation of performance audit. The total project cost is esti- Now, the World Bank has tender process as per the World for not taking up the project as certain terms and The performance audit report mated to be USD 571 million refused to accept the new Bank procurement guidelines. per the stipulated timeline Aconditions of agreement for revealed that the original of which the World Bank has procedures introduced by Government, after careful con- and also violation of certain sale, the State Government on promoters have already sold the agreed to finance USD 240 the State Government. The sideration, hereby accord per- land sale agreement. April 29, 2014 instructed APIIC shares to Navayuga who in turn Million and AIIB USD 160 Ministry of Finance had mission to exempt the 24 X 7 Balashowry is seen as a close to conduct an inquiry observing sold to Jindal Group who is Million. The remaining costs communicated it view power for all works funded by confidante and part of close that M/s Kineta Power (P) Ltd., controlling the interest in M/s were to be borne by the State on April 3, 2020, stating the World Bank and Asian coterie of Chief Minister YS has made change/dilution of KPPL as on date. Government. ders will be reviewed and that the Loan Agreements are Infrastructure Investment Jaganmohan Reddy’s father share holding before M/s KPPL name also stands YSRC chief YS Jaganmohan introduced the Reverse with International Agencies Bank purview of Reverse and former chief minister YS implementation of the project changed as M/s KPL which Reddy, soon after coming to Tendering option. and the state laws shall be Tendering and also Judicial Rajasekhar Reddy. without intimation/permission of could not implement the project. power, had announced that a The announcement of exempted from the implemen- Preview,” said an order issued Around 840.76 acres of land the Government and APIIC Ltd. In the 201st Board Meeting of new tendering system that will reverse tendering and review of tation of such projects. by the Energy Secretary in Thamminapatnam and The Government nominated APIIC held on December 31, come under Judicial Preview the old contracts generated The Union Government had Nagulapallii Srikanth. Momidi villages in Chillakur Fadnavis dubs Narasimha Murthy & Co, Cost 2014, it was resolved to cancel will be introduced for financial enough heat with critics claim- pointed out that the Loan 2 mandal of Nellore district were Accountant to conduct the allotment. Thackeray-led transparency and also old ten- ing they were introduced only Agreement with the interna- allotted by the then Congress government in two instal- The time frame fixed to the implementation of the Maha govt as ments on June 6, 2009 and implement the project as per project. ‘unnatural alliance' March 30, 2012 to KPPL. the agreement of sale was two The allotment was made in Property tax rules The original promoters had years and any extension of the the year 2009 and a period of Jagan puts officials on proposed setting up a 810 deadline was subject to levying 11 years were elapsed from the amended; capital MW (3X270 MW) initially a penalty at 10 percent on the date of conclusion of agree- 5 and later 1,080 MW (4X270 land cost at the prevailing ment and till date, the project value to MW) coal fired Thermal rates and no extension of time could not be implemented. Power plant at Krishnapatnam for more than two years was to Further, M/s KPPL themselves alert as Nivar looms determine rates of Nellore district with an be entertained. admitted that they cannot PNS n VIJAYAWADA have an impact in areas close investment of Rs 2,997 crore However, later state govern- accomplish financial closure in to Tamil Nadu. Nivar may intensify into PNS n VIJAYAWADA and generate employment to ment observed that as per a the present scenarios. Chief Minister YS The Chief Minister said very severe cyclonic storm 600 people. report of APIIC, the sale agree- M/s.Kineta Power (P) Ltd., Jaganmohan Reddy on inclement weather would NEW DELHI: Cyclone Nivar is The State Government on The Agreements of sale were ment executed between APIIC has not implemented the Tuesday reviewed the prevail on Tuesday and expected to intensify into a 'very Tuesday notified new rules concluded accordingly and and M/s KPPL does not have Project within the timeframe, preparedness and Wednesday and severe cyclonic storm' and cross for levy and assessment of the land handed over for provisions for transfer of allot- the order said. possible impact of asked the officials Tamil Nadu and Puducherry property tax applicable to all implementation of the project. ment of land before or during 2 Cyclone Nivar on to be prepared for coasts between Karaikal and Urban Local Bodies, includ- the state with dis- all eventualities. Mamallapuram on the late ing Nagara Panchayats, trict Collectors Nellore, Chittoor, evening of November 25, IMD Municipalities and Municipal FAITH MATTERS and SPs and asked some parts of Director General Mrutunjay Corporations.
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