Reserve may submerge in Ken-Betwa project

September 25, 2016

New Delhi, Sep 25: About 7.2 lakh trees and a huge 90 square kilometres area of Panna Tiger Reserve (PTR) may be submerged in water due to the Ken-Betwa river linking project, according to an official report.

tiger

There will be also be an "irreversible" loss of breeding sites for wild animals after submergence of critical and specialised habitats under the proposed project which is likely to cost over Rs 9,000 crore.

The Ken-Betwa project is expected to provide drinking water supply for 13.42 lakh people and help irrigate 6.75 lakh hectares of land in the poverty-ridden Bundelkhand region covering parts of Madhya Pradesh and Uttar Pradesh.

The project is founded on construction of a dam at Dhaudan village inside the PTR's core area in Chhatarpur district of Madhya Pradesh.

"The entire forest area under the proposed submergence both within and outside PTR is tiger habitat, while the non-forest area is potential tiger habitat. Thus, about 90 sq km area of tiger habitat, including potential habitat, will have to be considered as submergence zone," National Board of Wildlife (NBWL) Standing Committee report on Ken-Betwa link project said.

At present, there are around 35 tigers in the reserve, which had in 2009 reported extinction of the big cats.

The report, which has been submitted to Union Environment Ministry, said the total counting of trees in the proposed submergence area has not been done, but a sample survey by the forest department has estimated that "about 7.2 lakh trees above 20 cm girth at breast height would submerge in the national park area and this number may go up to about 12 lakh stems when young poles and established sapling are accounted".

It said an equally high number of trees will be cut or lost in the forest areas outside the national park. "Thus considerable quantity of carbon stored as biomass would be released once the dam is constructed, in addition to loss of vegetation diversity," said the report, a copy of which was received by wildlife activist Ajay Dubey in response to an RTI query filed by him.

He said the National Green Tribunal and appropriate court will be approached to challenge the proposed project on the basis of the report's findings. The report said Panna Tiger Reserve has largely been valued with respect to the requirement of the tiger.

"The importance of other key wildlife such as sloth bear, leopard, rusty spotted cat, hyena, sambhar, chital, four-horned antelope and chinkara are largely ignored under the shadow of tiger, although tiger conservation may support the conservation of its associated fauna. Ken river along with its tributary is a lifeline of the park. Ken river basin is full of gorges, caves, rock crevices which are normally occupied by wild mammals for breeding and resting.

"During hot days in summer, these gorges, caves, rock crevices are major shelters for some of the animals listed above. Loss of breeding sites will be irreversible after submergence of these critical and specialised habitats, specifically in the major submergence zone," it said.

The blasting of stone quarries, use of heavy machinery, movement of heavy vehicles and presence of over 500 workers (at a time) for construction are some of the "major concerns", the report said.

"Given that the region (Bundelkhand) is poverty-ridden, the realised benefit of the project cannot be ignored and that there would certainly be a need to strike a balance between wildlife conservation and people's livelihood considerations," it said. The estimated cost of Ken-Betwa project is Rs 9,393 crore.

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Agencies
June 12,2020

Mumbai, Jun 12: Following an overwhelming response for the mega rights issue of Mukesh Ambani-owned Reliance Industries, the partly paid-up rights shares are set to debut on stock exchanges on June 15.

The biggest ever Rs 53,124 crore rights issue was subscribed 1.59 times and received bids worth Rs 84,000 crore on June 3.

Reliance said the rights issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign.

In 2019, Ambani said in the Reliance's annual general meeting that the company will be net zero debt by March 2021. The company is on course to achieve its target ahead of the deadline.

"In spite of the COVID-19 crisis and the lockdowns, the due-diligence by Saudi Aramco for the planned investment in the O2C business is on track as both the parties are committed and actively engaged," he said recently.

"With a strong visibility to these equity infusions, Reliance is set to achieve net zero debt status ahead of its own aggressive timeline. We believe rights issue was a part of the company's strategy of deleveraging its balance sheet," said Ambani. 

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Agencies
March 7,2020

New Delhi, Mar 7: The Union government has issued a Global Invite for Expression of Interest for disinvestment in Bharat Petroleum Corporation Limited (BPCL) from prospective bidders with a minimum net worth of $10 billion as of Saturday.

The EoI submissions can be made till May 2, whereas investor queries will be entertained till April 4.

Another condition pertains to a maximum of four members are permitted in a consortium, and the lead member must hold 40 per cent in proportion. Other members of the consortium must have a minimum $1 billion net worth.

The EOI allows changes in the consortium within 45 days, though the lead member cannot be changed.

The GoI proposes to disinvest its entire shareholding in BPCL comprising 1,14,91,83,592 equity shares held through the Ministry of Petroleum and Natural Gas, which constitutes 52.98 per cent of BPCL's equity share capital, along with the transfer of management control to the strategic buyer (except BPCL's equity shareholding of 61.65 per cent in Numaligarh Refinery Limited (NRL) and management control thereon).

The shareholding of BPCL in NRL will be transferred to a Central Public Sector Enterprise operating in the oil and gas sector under the Ministry and accordingly is not a part of the proposed transaction.

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Agencies
May 15,2020

Kolkata, May 15: Veteran Bengali author Debesh Roy, who was conferred the Sahitya Akademi award for his novel 'Teesta Parer Brittanto', died at a private hospital in Kolkata on Thursday, his family members said.

Roy was 84 and he is survived by his son. His wife had died earlier.

He was admitted to the hospital near his residence at Baguihati, in the eastern fringes of the city, on Wednesday after having symptoms like sodium potasium imbalance, sugar problem and breathing problem, his family members said.

He suffered a massive cardiac arrest and died at 10.50 PM.

A regular contributor to a number of Bengali dailies, he was a staunch critic of the attacks on liberals by in the country in recent times and attended protest meetings despite his failing health.

He was born in Pabna in present-day Bangladesh on December 17, 1936. He had five decades of career as a writer.

Besides Teesta Parer Britanta', he will be remembered for books like Borisaler Jogen Mondal , Manush Khun Kore Keno and Samay Asamayer Brittanto . His first book was Jajati.

His last rites will be performed tomorrow.

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