Nagarjuna upbeat on reviving Sompeta power plant despite green hurdle
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10/09/2012
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Financial Express (New Delhi)
Ajay Sukumaran, BV Mahalakshmi
Hyderabad/Sompeta: Nagarjuna Construction Company (NCC) on Tuesday said it is confident of reviving the controversial thermal power plant in Sompeta, Srikakulam, despite the National Environmental Appellate Authority (NEAA) quashing the clearance granted to the project.
The company is awaiting a site report by the regional chief Cconservator of Forests, Bangalore, who is expected to conduct an inspection shortly.
Last Thursday, the Ministry of Environment and Forests (MoEF) had ordered such an inspection.
Y D Murthy, executive vice-president (finance) of NCC told FE that the company is pinning hopes on this project and will try to revive it the current site.