User: subbu Topic: narmada
Category: dam-funding :: WB
Last updated: Jun 07 2018 18:26 IST RSS 2.0
 
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EFC approves revised cost estimate of DRIP for Rs. 3466 crore and extends time period for conclusion till June, 2020 7.6.2018 Govt of india: PIB
A meeting of the Expenditure Finance Committee (EFC) under the Chairpersonship of Secretary, Department of Expenditure, was held this week to consider the proposal of Ministry of Water Resources, River Development and Ganga Rejuvenation for revised cost estimate of World Bank funded Dam Rehabilitation & Improvement Project (DRIP).
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Nepal grants power generation licence to Indian company 8.5.2018 General News
Nepal has granted an Indian government-owned subsidiary the power generation licence from a 900-megawatt hydropower project, days ahead of Prime Minister Narendra Modi's two-day visit to the country from May 11. Investment Board Nepal (IBN) recently granted the licence to Satluj Jala Vodyut Nigam Power Development Company, a subsidiary of Indian government-owned Satluj Jal Vidyut Nigam Ltd, to generate power from the Arun-3 Hydropower Project located in eastern Nepal. The permit was granted in line with the decision of the 30th meeting of IBN's board of directors chaired by Prime Minister KP Sharma Oli on April 28, according to an IBN official. The company has paid the board Nepali Rupees 5 million as licence fee. Modi and Oli are expected to jointly lay the foundation stone for the hydropower plant. Arun-3 is the largest capacity project in the history of hydroelectricity that is scheduled to be constructed within the next five years. The Indian government has so far approved ...
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35 per cent water in Maha reservoirs, stock to last till July 20.4.2018 General News
Maharashtra's reservoirs currently have 35 per cent water in them and the stock can last till July 15 this year, state Irrigation Minister Girish Mahajan today said. Speaking to PTI, he added that the state had received 82 per cent of the average rainfall in 2016 while it received 75 per cent, of this average, in 2017. "Despite less rainfall in 2017, the state has 35.76 per cent water in its reservoirs and this is enough to sustain till July 15. This storage was 29.30 per cent during the same period in 2017," he informed. Mahajan attributed the healthier water levels this year to the state government's water conservation schemes. "The Jalyukt Shivar programme and the storage of water in "KT Weirs" (Kolhapuri type bridge-cum-barrage dams) have yielded good results. Out of the 1,200 KT weirs, we could store water in 950," he said. Jalyukt Shivar is a state government project that involves deepening and widening of streams and nullahs, construction of cement and earthen ...
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APAC meet in Indore resolves to free air, soil, water from 12.4.2018 General News
A conference of mayors of cities from the Asia-Pacific region here today resolved to free soil, air and water from contamination. They were participating in the four-day '8th Regional 3R Forum in Asia and the Pacific' which started here on April 9. The conference was organised by the Union Ministry of Housing and Urban Affairs, Japan's Ministry for Environment and United Nations Centre for Regional Development (UNCRD). The theme of the current conference was "Achieving Clean Water, Clean Land and Clean Air through 3R and Resource Efficiency- A 21st Century Vision for Asia-Pacific Communities", organisers said. Speaking on the occasion, Deputy Minister of Japan's Environmental Global Affairs Department, Yasuo Takahashi, said that the success of the 3R (reduce, reuse and recyclable) formula in achieving cleanliness of soil, air and water depended on mutual cooperation. He added that local civic bodies and people had a big role to play to make it a success. Madhya Pradesh's
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Gosikhurd project: 'cost skyrocketed; 20pc potential achieved' 28.3.2018 General News
Delays and irregularities led to the cost of the Gosikhurd irrigation project in Vidarbha to rise nearly 50 times in 34 years, while the irrigation potential achieved was a mere fifth of what was aimed at, a Comptroller and Auditor General (CAG) report has said. The report was tabled in the Maharashtra Legislature today. Though the cost has been revised for a third time, the Central Water Commission did not sanction the revision for want of a viable funding plan, the CAG said, while slamming the state government for a shoddy execution of the project. The estimated cost escalated from Rs 372 crore to Rs 18,494.57 crore, butthe irrigation potential created (50,317 hectares) is far less than the target (2,50,800 hectares), and even the created potentialwas not utilisedfully, it said. While certain workswere not executedas per the approved designs, execution was delayed because of non-availability of land, failure to get approval for drawings and designs, and also to obtain .
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World Bank's India Development Update breaks new ground; competition helps 16.3.2018 Latest News
As the Asian Infrastructure Investment Bank weighs in heavily to correct the perceived infra shortage in member countries, World Bank sets the needle away to make what is available work better
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No fresh tax in Rs 41,440 cr Himachal budget for 2018-19 9.3.2018 General News
No fresh tax has been proposed in Himachal budget for 2018-19, which leaves uncovered deficit of Rs 7,061 crore, while cumulative fiscal deficit has been pegged at Rs 7,821 crore. Presenting his first budget, Chief Minister Jai Ram Thakur, who also holds the finance portfolio, announced 28 new schemes, nine point programme for doubling farmers income by 2022 and incentives for hydro-power, tourism and industries to boost investment. Jai Ram said that several new initiatives have been announced in spite of resource crunch, but shortage of funds will not come in the way of development and focus would be on agriculture, horticulture, tourism and industry to boost investment and generate employment. The liability of interest payment will be Rs 4,260 crore during 2018-19 compared to Rs 3,718 crore in 2017-18 due to mounting debt burden and borrowings of Rs 4,500 crore will be required to bridge the revenue gap. The maximum expenditure of Rs 11,263 crore will be incurred on salaries Rs ...
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Bihar irrigation capacity to increase to 29.91 lakh hec 8.3.2018 General News
Irrigation capacity of Bihar will increase to 29.91 lakh hectares by the end of this month, the Assembly was informed today. Out of 53.53 lakh hectares of irrigation capacity of long and medium type schemes, the irrigation capacity of 29.69 lakh hectare has been created by the end of March 2017 which is further expected to increase to 29.91 lakh hectare by this month, Water Resources Minister Rajiv Ranjn Singh alias Lalan Singh said. Singh was replying to debate on his department's budgetary allocation for 2018-19 which was later passed by a voice vote. Opposition members staged a walkout from the House expressing dissatisfaction with the minister's speech. Singh said Rs 952.28 crore is estimated to be spent on the various schemes relating to irrigation in 2018-19. Of the state's total geographical area of 94.16 lakh hectares, 68.80 lakh hectares of land - 73.06 per cent - are flood affected, he said adding that the state government has started preparations to tackle the
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Citing India, UNGA President says world needs science for addressing water scarcity 21.2.2018 General News
Citing a project in India where farmers are using solar-powered pumps to access groundwater for irrigation, UN General Assembly president Miroslav Lajcak has said that the world needs science for tackling global water scarcity. Noting that the 2030 Agenda for Sustainable Development calls for making sure that there is water and sanitation for all, Lajcak yesterday said water is critical for achieving all Sustainable Development Goals but world leaders are not doing enough. "We need science for solutions. Science now helps us to calculate how population growth and climate change will affect the availability of water; It helps us track the shifting of rivers in order to help predict floods; In India there is a project where farmers use solar-powered pumps to access groundwater for crop irrigation, Lajcak said in his address to the 'Science for Water' conference convened by UNESCO and Joint Research Centre of the European Commission. "In Nairobi I met a young lady from Burkina Faso who ..
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World Bank commits $100 million to boost Tamil Nadu's rural economy 31.1.2018 News
The Tamil Nadu Rural Transformation Project will create an enabling environment for producer organisations and enterprises to promote businesses, finance ministry said in a statement
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Icy ponds on Himalayan glaciers influence water flow: study 29.1.2018 General News
The flow of water that supports hydro-electric and irrigation projects in the mountain regions of India and Nepal is regulated by hundreds of large icy ponds on some of the world's highest glaciers, a study has found. Researchers at Aberystwyth University in the UK have shown that the ponds, which form on debris-covered glaciers in the Himalaya, control the rate at which water from melting ice flows downstream. With many covering an area of up to five times the size of an Olympic swimming pool, their hydrological role, specifically to the extent which they can store water on the glacier surface, has remained unknown until now. According to Tristram Irvine-Fynn from Aberystwyth, the role of these ponds could become increasingly important as the region's climate changes. "The hydrological role of ponds and debris may become more significant in the future. By understanding these processes we can become more confident in our predictions of water security and ecosystem ...
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Centre releases Rs 734.7 crore for 26 irrigation projects 23.1.2018 General News
The Union Water Resources Ministry has released central assistance amounting to Rs 734.7 crore for 26 irrigation projects. The ministry last week released central assistance of Rs 246.9 crore for nine prioritised projects under the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) for Accelerated Irrigation Benefits Programme (AIBP) works, an official statement said. It also released Rs 487.80 crore for Command Area Development (CAD) works for 17 projects, the statement said. During the 2017-18 fiscal till now, central assistance amounting to Rs 1,152.52 crore has been released for 26 priority projects under the AIBP, it said. Plus, Rs 3,318.85 crore have been released as state share from National Bank for Agriculture and Rural Development (NABARD) for 24 priority projects under the AIBP. For CAD works, assistance amounting to Rs 524.90 crore for 22 priority projects and Rs 71.52 crore as state share has been released through the NABARD, the statement said.
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Upset with NIA, Punjab cobbler commits suicide 23.1.2018 All News-IANS Stories
Upset over being questioned repeatedly by the NIA in the murder case of a Hindu leader in Punjab, a cobbler committed suicide on Tuesday by jumping into an irrigation canal near Khanna town, around 70 km from here, police said.
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Moss that can remove lead from water identified 23.1.2018 General News
Scientists have identified a type of moss that can efficiently absorb a large amount of lead, providing a green alternative for decontaminating polluted water and soil. Lead-contaminated water is a serious environmental concern that has recently proved to be disastrous when left untreated. Compounding the problem, the typical way to remove lead or other heavy metals from water requires fossil fuels and a tremendous amount of energy. As an alternative to these typical processes, phytoremediation is a method that uses photosynthesising organisms to clean up soil or water contamination. Researchers from RIKEN Center for Sustainable Resource Science (CSRS) in Japan began their search for a phytoremediation-based removal method by looking at F hygrometrica, a moss that is known to grow well in sites contaminated with metals like copper, zinc, and lead. "We found that the moss can function as an excellent lead absorbent when in the protonema stage of development," said Misao .
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Jain Irrigation to pass on benefit of GST rate cut 19.1.2018 General News
Jain Irrigation today said it will pass on to consumers and farmers the benefit of reduced GST rate on drip irrigation systems. The GST Council in a meeting yesterday reduced the GST rate on drip irrigation systems including laterals, sprinkler products to 12 per cent from 18 per cent. "The new GST rate shall be effective January, 25 2018," th company said in a BSE filing adding that it has decided to pass on this benefit of 6 per cent directly to customers/farmers. Jain Irrigation hailed the government's decision to encourage farmers to invest in efficient irrigation systems which save water and improve productivity. "We estimate that this action will have positive impact in the upcoming busy season for our drip irrigation division," the company said. Jain Irrigation, with more than 10,000 associates worldwide and revenue of over Rs 60 billion, is an Indian multinational company with manufacturing plants in 28 locations across the globe. It is engaged in manufacturing ..
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Fitch Affirms Jain Irrigation at 'B+'; Outlook Positive 16.1.2018 General News
The affirmation with Positive Outlook reflects JISL's satisfactory deleveraging in the last 12 months, which is in line with our expectations. We expect JISL to be able to reduce leverage (defined as lease adjusted debt net of cash adjusted for seasonality/EBITDAR) further to around 3.5x by the financial year to 31 March 2019 (FY19) from 4.3x at FYE18 and 4.7x at FYE17, underpinned by robust growth in EBITDA. However, the bulk of the company's micro-irrigation business, which accounts for around 60% of its EBIT, is susceptible to unpredictable weather patterns and India's vulnerable agricultural sector, which may yet pose risks to the company's deleveraging.
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Rural Electrification Corporation wins award for 'Best Power Finance Company 2017' 5.1.2018 General News
From Central Board for Irrigation and Power
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India inks $318 mn World Bank loan for TN irrigation scheme 27.12.2017 All News-IANS Stories
The governments of India and Tamil Nadu on Tuesday signed an agreement with the World Bank for the multilateral lender to provide a $318 million loan for modernisation of irrigation projects in Tamil Nadu, improve market opportunities for small and marginal farmers and their adoption of climate resilient techniques.
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World Bank signs USD 318 mn loan agreement to support climate resilient agriculture 26.12.2017 Sify Finance
[India], Dec 26 (ANI): The Government of India, along with the Government of Tamil Nadu signed a USD 318 million loan agreement with the World Bank on Tuesday, for the Tamil Nadu Irrigated
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Shutter thickness, corrosion that escaped inspection led to KRP Dam breach 19.12.2017 Hindu: Tamil Nadu
‘The dam was inspected by the CWC committee when the reservoir was full’
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