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Constitutional Watch Dogs themselves under Public Scanner? |
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Dear Moderator It is irony of the 2nd biggest Democracy that the Constitutional Watch Dogs are themselves increasingly coming under Public Scanner and those who are entrusted with the responsibility to hold the values and integrity of Indian Constitution are falling prey to politicization and behaving unbecoming of their Positions. Supreme Court Judges are not inclined to declare their assets and make it available under Right To Information ACT and have rather preferred to file an Appeal in a Lower Court i.e., High Court. Corruption charges are levied against High Court Judges and instead of resigning suo motto, are awaiting removal/impeachment. Partisan charges are made against Election Commissioner by his own senior colleague CEC and he is awaiting President's orders for removal and more banking on political/govt. support. Morality and Integrity demand that such Constitutional Watch Dogs should themselves resign and /or proceed on long leave pending clearance of their names against allegations involving personal integrity and honesty. Only God knows where India is leading? Regards G K Agrawal
Tel nos: (Res) 0 22 67 100 493 __._,_.___ Get the shortest Email ID with inbuilt Chat at http://email.jharkhandi.com Jharkhand Forum's Norms http://www.jharkhand.org.in/posting_norms.htm Add your Name in JHARKHAND NETWORK - http://network.jharkhandi.com Be an Internet Volunteer, find more @ http://volunteer.jharkhand.org.in PROMOTION MESSAGE - -: Not yet a member of Jharkhand Forum but would like to use it? -: To post a message at Jharkhand Forum now you do not need to be member of Jharkhand Forum, simply email your message to Jharkhand@yahoogroups.com If your message approved by Moderator then, it will be circulated among 12,000+ registered members of Jharkhand Forum. Also, your message will be published on more than 25 public websites / blogs such as - http://jharkhand.wordpress.com and http://www.jharkhand.org.in/blog To learn more about Jharkhand Forum - The Hottest Public Forum of India please, Check out - http://www.jharkhand.org.in/about-jharkhand-forum Post your Petition Online @ http://petition.jharkhandi.com MAKE FUNDING APPEAL HERE @ http://FUNDING-APPEAL.blogspot.com Watch News, Music and Video on Indian TV @ http://www.jharkhand.us __,_._,___ |
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RE: Selling Padma awards (The highest Civilian Award of India) either as honour or consolation prize? |
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India has lost its enviable culture about 1000 years ago. Since then it has been under the influence of one culture or the other. It allowed others to judge its merit . After Independence , suddenly a nation which has lost its provise to govern itself is vested with the responsibility of governing itself.This coupled with adult franchise gave illeterates a chance to get into power and divide the country on the basis of region , religion , caste, creed and language of course. I am a scientist myself(which can be seen from my qualifications below) with recognitions from various science academies of the country and other organizations. I am not a Bhatnagar awardee as I came from a family that does not even know that there is such a award. When I became mature with science as well as with the machinations of the senior scientists and politicians of the country, I was over aged for that award. But I became wiser and understood the Indian science. Indian science like any typical citizen is divided by all those factors mentioned above. We do not even know and do not wish to distinguish talent from show and rhetorics. You must belong to a particular community or region if you have to come up in science, mind you I am using the world only coming up not the quality. There is no quality or originality in science in the country, of course barring the patches of innate brilliance that is natural for any society. All the awards are farcical by and large and the science mafia has decided to get financial benefits out of the supposed brilliance. Even Vice chancellors are claiming the remuneration for their erstwhile Bhatnagar awards but they are anot willing to give it to retired persons. There is a scientific mafia that is in operation in full swing. God save India. KSRao Prof. Kalluri Subba Rao., Ph.D., D.Sc.(IISc),FAS-AP, FAMS., FNASc., FNA. Hon.Professor & INSA-Senior Scientist,Center for Biotechnology, Institute of Science and Technology (IST) , Jawaharlal Nehru Technological University, Kukatpally, Hyderabad-500085. __._,_.___
Get the shortest Email ID with inbuilt Chat at http://email.jharkhandi.com Jharkhand Forum's Norms http://www.jharkhand.org.in/posting_norms.htm Add your Name in JHARKHAND NETWORK - http://network.jharkhandi.com Be an Internet Volunteer, find more @ http://volunteer.jharkhand.org.in PROMOTION MESSAGE - -: Not yet a member of Jharkhand Forum but would like to use it? -: To post a message at Jharkhand Forum now you do not need to be member of Jharkhand Forum, simply email your message to Jharkhand@yahoogroups.com If your message approved by Moderator then, it will be circulated among 12,000+ registered members of Jharkhand Forum. Also, your message will be published on more than 25 public websites / blogs such as - http://jharkhand.wordpress.com and http://www.jharkhand.org.in/blog To learn more about Jharkhand Forum - The Hottest Public Forum of India please, Check out - http://www.jharkhand.org.in/about-jharkhand-forum Post your Petition Online @ http://petition.jharkhandi.com MAKE FUNDING APPEAL HERE @ http://FUNDING-APPEAL.blogspot.com Watch News, Music and Video on Indian TV @ http://www.jharkhand.us
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Re: Selling Padma awards (The highest Civilian Award of India) either as honour or consolation prize? |
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Yes I do agree there should be a investigation on these awards...as these awards money is been contributed by public tax money to the government. I agree with others who have raised a finger at the selection ofawardee of Padma. I go a step further and state that why Padma, all the awards and sops that are given has a price tag and also strong lobby that works in favour of the person to be selected. The wrestler and boxer who won medals for the country in Olympics are not considered and many of those who have achieved much less than them but are from rich families have managed to find their names in the list of awardee. The need is to make a selection system in which there must be some minimum criteria. Selling faces is too much. Samuel Lakra __._,_.___ Get the shortest Email ID with inbuilt Chat at http://email.jharkhandi.com Jharkhand Forum's Norms http://www.jharkhand.org.in/posting_norms.htm Add your Name in JHARKHAND NETWORK - http://network.jharkhandi.com Be an Internet Volunteer, find more @ http://volunteer.jharkhand.org.in PROMOTION MESSAGE - -: Not yet a member of Jharkhand Forum but would like to use it? -: To post a message at Jharkhand Forum now you do not need to be member of Jharkhand Forum, simply email your message to Jharkhand@yahoogroups.com If your message approved by Moderator then, it will be circulated among 12,000+ registered members of Jharkhand Forum. Also, your message will be published on more than 25 public websites / blogs such as - http://jharkhand.wordpress.com and http://www.jharkhand.org.in/blog To learn more about Jharkhand Forum - The Hottest Public Forum of India please, Check out - http://www.jharkhand.org.in/about-jharkhand-forum Post your Petition Online @ http://petition.jharkhandi.com MAKE FUNDING APPEAL HERE @ http://FUNDING-APPEAL.blogspot.com Watch News, Music and Video on Indian TV @ http://www.jharkhand.us __,_._,___ |
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What is India, a Democracy or Autocracy or Oligarchy? |
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What Is India – a Democracy or Autocracy or Oligarchy? Exclusive One of friend is posting some messages about constitution in India lifting lines from some school text books. The word "Socialist" is most important in our preamble, words "Secular & Democratic" follow it means freedom to practice religion of choice and equal right to all to elect candidates to govern India. Unfortunately there is very little Socialism, Secularism & Democracy in India. "Sovereign" is nothing but independent self rule. Constitution of Political Parties is designed for "Autocracy" as in the case of JDU and many other parties, its President nominates entire Working Committee and other key positions, there is practically no democracy left in the party. When such parties get absolute majority in the state assemblies or parliament individually or with coalition of similar parties it is impossible to defeat them until their five year term runs out – business days of Parliament and Assemblies are reduced to few days in a year. Instead of strengthening of "Democratic Structure" cadres are trained to fight "Street Battles" and enroll criminal elements or in other words cadres with criminal backgrounds are licensed to rule the streets and openly indulge in extortions. Have you ever seen a Political Party with barely enough people who can read and write convening a convention of "Professionals & Intellectuals" to frame improved development plans? Just like Beggar Mafia would amputate limbs of healthy children to firstly increase their Begging Potential, political parties let loose their criminal minded cadre in every street, secondly make sure they don't run away and thirdly but most important make them dependent on their political masters. Anti Defection Law was one of the mechanisms invented to "Plug Whatever Democratic Safeguards" are built in to our constitution. ADL was brought out when ruling party had over 75% majority in parliament. India has unique "Democracy" a family already had three generations becoming Prime Minister, a Chief Minister for 5-6 terms, a Chief Minister in to fourth term 39 years apart, A & V dominating a party for over five decades. Five members of fourth term chief minister are in cabinet. Constitution of most political parties is designed for "Autocratic" rule. Hereditary control over party and state governments is reflected in three generations of a family were Prime Ministers of India and another party was not be left behind it made a person PM thrice, fourth inning was denied by people who defeated his party. There is absolutely rare chance of a deserving capable person selected on merit for these Indian Political Parties and only way out is "Revolt & Desertion" by small fragments to leave the party and register another one. VP Singh, Vaghela, Tohra, Babber are just few examples. In the case of Somnath our Speaker of Lok Sabha though unattached was directed to honor past loyalties during confidence vote. Out of $700b public deposits in Banks farmers and SMEs that support of 95% of Indian families get only $50b as bank credit and moneylenders charge 36% to 120% rate of Interest. Fact is Ratan Tata secured more Bank Credits than entire MSME in India to buy Corus that didn't create a single job in India. Is this "Socialism" or Social Justice all political parties promise to their members and voters? Here in the end different terms describe varying conduct of the governments in the world but Indian democracy is unique a mix of Mediocracy, Lootocracy and Conocracy. Political Parties in India has made us a "Cheating Democracy". Defeating one or two parties will not work. Intellectuals and thinkers have to get together and defeat them all politically and democratically. Ravinder Singh February01, 2009 [The preamble of the constitution defines India as a sovereign, socialist, secular, democratic republic.] http://en.wikipedia.org/wiki/Socialism [Socialism refers to a broad set of economic theories of social organization advocating state or collective ownership and administration of the means of production and distribution of goods, and a society characterized by equal opportunities for all individuals with a fair or egalitarian method of compensation.] http://en.wikipedia.org/wiki/India India, officially the Republic of India. A republic is a state or country that is not led by a hereditary monarch but in which the people (or at least a part of its people) have an impact on its government. The word originates from the Latin term res publica. Autocracy, Oligarchy, Democracy. Autocracy is a form of government in which the political power is held by a single, self-appointed ruler. Oligarchy means rule by the few and democracy means rule by the people. The Constitution of India, the longest and the most exhaustive constitution of any independent nation in the world, came into force on January 26, 1950. The preamble of the constitution defines India as a sovereign, socialist, secular, democratic republic. India has a bicameral parliament operating under a Westminster-style parliamentary system. Its form of government was traditionally described as being 'quasi-federal' with a strong centre and weaker states, but it has grown increasingly federal since the late 1990s as a result of political, economic and social changes. List of forms of government , Anarchy , Aristocracy , Authoritarianism , Autocracy , Communist state , Corporatocracy , Demarchy , Democracy , Direct , Representative , Despotism , Dictatorship , Military , Feudalism , Kritocracy , Logocracy , Meritocracy , Minarchism/Night Watchman , Monarchy , Absolute , Constitutional , Noocracy , Ochlocracy/Mobocracy , Oligarchy , Plutocracy , Republic , Capitalist
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Re: Selling Padma awards (The highest Civilian Award of India) either as honour or consolation prize? |
Yes I do agree there should be a investigation on these awards...as these awards money is been contributed by public tax money to the government. I think after getting these awards they become celebrities but does not go forward with there research or encourage the other same field fraternity. People get retired after getting these awards and rest for rest of there life. Good if there are selling these awards,every one has to try to buy them.....what do you say... Srinivasa Manapragada
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Get the shortest Email ID with inbuilt Chat at http://email.jharkhandi.com Jharkhand Forum's Norms http://www.jharkhand.org.in/posting_norms.htm Add your Name in JHARKHAND NETWORK - http://network.jharkhandi.com Be an Internet Volunteer, find more @ http://volunteer.jharkhand.org.in PROMOTION MESSAGE - -: Not yet a member of Jharkhand Forum but would like to use it? -: To post a message at Jharkhand Forum now you do not need to be member of Jharkhand Forum, simply email your message to Jharkhand@yahoogroups.com If your message approved by Moderator then, it will be circulated among 12,000+ registered members of Jharkhand Forum. Also, your message will be published on more than 25 public websites / blogs such as - http://jharkhand.wordpress.com and http://www.jharkhand.org.in/blog To learn more about Jharkhand Forum - The Hottest Public Forum of India please, Check out - http://www.jharkhand.org.in/about-jharkhand-forum Post your Petition Online @ http://petition.jharkhandi.com MAKE FUNDING APPEAL HERE @ http://FUNDING-APPEAL.blogspot.com Watch News, Music and Video on Indian TV @ http://www.jharkhand.us
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Re: Scavengers seek help for their kids |
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" cleaning septic tanks manually" is a paid job;if the district administration buy a machine, these people will be laid off.
We are cleaning our own toilet ourself. If the Government or Municipality is still using manually procedure, because of lack of funds etc., the scavengers are not forced to do. They are doing this because they are not able to get another employment. It appears that Dalits , like Muslims, are too much depending on Socialism, which calls for 'redistribution of wealth' . Although there are some Govt. of India Charity for SC/ST like special recruitment drives for SC/ST - all can't benefit because their leaders are keeping creamy layers (whose income <= 4 Lakhs) as beneficiary for vote bank reasons. So Dalits should stop blaming the district administration and quit the job. Who knows .. a Brahmin might be ready to do that manual scavenging job.
-Manoj Padhi __._,_.___
Get the shortest Email ID with inbuilt Chat at http://email.jharkhandi.com Jharkhand Forum's Norms http://www.jharkhand.org.in/posting_norms.htm Add your Name in JHARKHAND NETWORK - http://network.jharkhandi.com Be an Internet Volunteer, find more @ http://volunteer.jharkhand.org.in PROMOTION MESSAGE - -: Not yet a member of Jharkhand Forum but would like to use it? -: To post a message at Jharkhand Forum now you do not need to be member of Jharkhand Forum, simply email your message to Jharkhand@yahoogroups.com If your message approved by Moderator then, it will be circulated among 12,000+ registered members of Jharkhand Forum. Also, your message will be published on more than 25 public websites / blogs such as - http://jharkhand.wordpress.com and http://www.jharkhand.org.in/blog To learn more about Jharkhand Forum - The Hottest Public Forum of India please, Check out - http://www.jharkhand.org.in/about-jharkhand-forum Post your Petition Online @ http://petition.jharkhandi.com MAKE FUNDING APPEAL HERE @ http://FUNDING-APPEAL.blogspot.com Watch News, Music and Video on Indian TV @ http://www.jharkhand.us
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Re: Media: as fallibale as all humans- pity those who trust what they read, hear or watch.. |
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Dear satish Media 2day is a commercial oriented organisation. The editors/ owners are more intrested about their political carreer or money they would make. Journos are small fries in the entire process. being a grassroot reporter for local & national dailies, i have found my editors enjoying privileges from the very people who were exposed by me. Though Journos are supposed to fight against exploitation through their pen, they are most exploited lot. We are never paid for reporting from the districts & still the editors expect us to travel & file stories. As regards hurting some people, well that is the 1st rule of the game. But then it is necessary evil we can't live without rgds Biswajit --- __._,_.___ Get the shortest Email ID with inbuilt Chat at http://email.jharkhandi.com Jharkhand Forum's Norms http://www.jharkhand.org.in/posting_norms.htm Add your Name in JHARKHAND NETWORK - http://network.jharkhandi.com Be an Internet Volunteer, find more @ http://volunteer.jharkhand.org.in PROMOTION MESSAGE - -: Not yet a member of Jharkhand Forum but would like to use it? -: To post a message at Jharkhand Forum now you do not need to be member of Jharkhand Forum, simply email your message to Jharkhand@yahoogroups.com If your message approved by Moderator then, it will be circulated among 12,000+ registered members of Jharkhand Forum. Also, your message will be published on more than 25 public websites / blogs such as - http://jharkhand.wordpress.com and http://www.jharkhand.org.in/blog To learn more about Jharkhand Forum - The Hottest Public Forum of India please, Check out - http://www.jharkhand.org.in/about-jharkhand-forum Post your Petition Online @ http://petition.jharkhandi.com MAKE FUNDING APPEAL HERE @ http://FUNDING-APPEAL.blogspot.com Watch News, Music and Video on Indian TV @ http://www.jharkhand.us __,_._,___ |
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RE: Selling Padma awards (The highest Civilian Award of India) either as honour or consolation prize? |
Why Padma awards, why not we question all awards even including scientific awards, including Bhatnagar awards (exceptions are there). Now CSIR is going to add further merit to the award winners by adding a handsome monthly allowance to their salary. (In addition recipients also get Rs 15,000 per month up to the age of 65 years) Why not there be investigation on what these Bhatnagar award winners contributed to science or nation which helped india to compete globally or put India in global map. Moinak
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Scavengers seek help for their kids |
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Scavengers seek help for their kids
http://www.expressbuzz.com/edition/story.aspx?Title=Scavengers+seek+help+for +their+kids&artid=NGm4GD|L2LM=&SectionID=vBlkz7JCFvA=&MainSectionID=fyV9T2jI a4A=&SectionName=EL7znOtxBM3qzgMyXZKtxw==&SEO=
S Raja
RAMANATHAPURAM: Dalits in Uchipuli in Ramanathapuram district, engaged in cleaning septic tanks manually, seek new employment opportunities, so that their children will not be forced to become sanitation workers. They complain of apathy by the district administration and scant disregard by banks for their pleas for loans.
There are about 25 Dalit families at Gandhi Nagar in Uchipuli, engaged in manual cleaning of septic tanks. Though manual scavenging of human night soil has been banned by law, it continues in many areas. These workers go into deep septic tanks and take out the human waste with buckets using their hands.
They work in groups of five for a total of Rs 500, which they share later.
To overcome the overpowering stench in the tanks, the workers pour kerosene oil first. Sometimes they fall unconscious due to toxic gases in the tanks. They also suffer insect bites. Most of the workers also suffer from skin diseases.
These workers go to villages including Erumeni, Thuthivalasai, Narai Oorani, Pudumadam, Dhargavalasai, Enmanamkondan, Vaniyankulam and Mandapam, looking for septic tanks to clean. Their plea for bank loans to rehabilitate themselves has fallen on deaf ears.
Govindan of Gandhi Nagar, a sanitation worker, said that he had been cleaning septic tanks for the past 20 years and never wanted his children to become sanitation workers. Marunkan, another sanitation worker said that they were sending their children to school hoping that they would have a better future.
Rajamanickam, president of the Ambedkar Scavengers Association, said that the workers in Gandhi Nagar were struggling to ensure a better future for their children but the district administration failed to heed their pleas. Krishnamurthy, district manager of Tamil Nadu Adi Diravidar Housing and Development Corporation said that 122 applications had been sent to various banks for loans for sanitation workers, who would also get 50 percent subsidy when the loans are sanctioned.
Cynthia Stephen __._,_.___
Get the shortest Email ID with inbuilt Chat at http://email.jharkhandi.com Jharkhand Forum's Norms http://www.jharkhand.org.in/posting_norms.htm Add your Name in JHARKHAND NETWORK - http://network.jharkhandi.com Be an Internet Volunteer, find more @ http://volunteer.jharkhand.org.in PROMOTION MESSAGE - -: Not yet a member of Jharkhand Forum but would like to use it? -: To post a message at Jharkhand Forum now you do not need to be member of Jharkhand Forum, simply email your message to Jharkhand@yahoogroups.com If your message approved by Moderator then, it will be circulated among 12,000+ registered members of Jharkhand Forum. Also, your message will be published on more than 25 public websites / blogs such as - http://jharkhand.wordpress.com and http://www.jharkhand.org.in/blog To learn more about Jharkhand Forum - The Hottest Public Forum of India please, Check out - http://www.jharkhand.org.in/about-jharkhand-forum Post your Petition Online @ http://petition.jharkhandi.com MAKE FUNDING APPEAL HERE @ http://FUNDING-APPEAL.blogspot.com Watch News, Music and Video on Indian TV @ http://www.jharkhand.us
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New Issue of Insight - Caste Discrimination and Higher Education |
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Dear Friends, Jaibheem, Attach with this mail is the new issue of Insight Young Voices (Vol. II. No.1, Feb-Mar, 09). Started as platform of & for Dalit students, Insight magazine is in its 5th year now. It has been a very difficult journey for us. Despite all our hard work and intentions, the magazine is still to overcome its teething problems. There are times, when it looks like things are settling down, something or the other happens and we are left in complete disarray. However, we respond the only way we know that is to make the new issue better than the previous one. It is only the good wishes and support of our readers that provide us the courage and inspiration to keep moving ahead with Insight and also gives us hope for the better future of our magazine. Therefore, the Insight Editorial Collective request all readers to keep sending their comments, criticisms as it motivates us to keep afloat during our difficult times. Given below is the list of contents of this issue together with the theme for next two issues. Kindly have a look. The cover story of the new issue - 'On Suicides, Caste and Higher Education' - is on the structural tensions faced by Dalit students in Higher Education- the system that allows the entry of Dalits but takes away the opportunities to be treated as equal. It is very unfortunate that to understand this phenomenon, we are forced to map the trajectories of three Dalit students' suicides. One more good news to share, in the second week of this month, all the rusticated Dalit students have been readmitted in IIT Delhi after the court orders. This is one remarkable victory of Dalit students against one of the most powerful and 'sacred' institutions of the country. Recognizing their struggle and achievement, Insight Editorial Collective is proud to dedicate this issue to all those IIT Dalit students who chose not to succumb to stereotyping. We will be uploading our new issue within 10 days in our website www.insightyoungvoices.org. Also, hopefully, by then we will also be able to create a complete archive of all the past issues of Insight as well. CONTENTS of INSIGHT (Feb-Mar, 2009) Cover Story On Suicides, Caste and Higher Education Voices Inside Out: On the Scholastic Regimes of Our Time Experiences Past, Present and Future Our Icon Savitribai Phule Chengara Land Struggle Death of a Dream Struggle for a New Kerala Caste Discrimination in IIT Delhi IITs: Doing Manu Proud 'The need of Cultural Revolution in West Bengal' Interview With Prof. Anjan Ghosh Centre for Studies in Social Sciences, Kolkata Remembering Marichjhapi Massacre, 1979 Bihar School Text Books Politics of Syllabus 'The benefits of Reservation should reach to all' Interview with Suresh Kumar Dighumarthy, University of Hyderabad Manual Scavenging and the Legal Discourse Through the Lens of Pollution Reports · Caste Violence in Ambedkar Law College · The Caste Ailment Strikes the Calcutta Medical College Hostel · Celebrating the Birth Anniversary of M C Rajah · Celebrating Dalit History Month: Searching for the Past · Dalit Leader Files Case Against IIT Madras · Court's Verdict on Khairlanji: No Casteism, No Molestation, No Rapes; Only Killings · ISMU, Dhanbad: Jamadars: 2 out of 2, Sanitary Inspectors: 0 out of 2
Themes for next two Issues Issue Vol II. No. 2 (April-May) - Dalit Movement: Patterns of mobilization. Since the last 25 years, a strong wave of Dalit consciousness can be felt across the country and has given birth to numerous Dalit organizations working in different spheres of public life. There are Buddhist organizations, cultural groups, NGOs, employee associations, political parties, NRI Dalit associations and even Internet e-groups. All such organizations reflect a strong aspiration of the community to get organized and fight against caste discrimination. In the next issue, we aim to explore various patterns that have emerged within the Dalit movement in context of mobilizing the community through different forms of organizations. Issue Vol II. No. 3 (June-July) - Caste, Curriculum and Pedagogy If education has been regarded as means of empowerment for community and of self-actualization for the individuals, it has also been understood as a site for indoctrination. In this issue of Insight, we aim to explore the issue of curriculum and pedagogy in our educational system - both school and higher education. We want to understand how our textbooks and ways of teaching deal with the issue of caste. Firstly, do the content of textbooks - images and the written texts - reflect the diversity of experiences or particular symbols and experiences are shown as representing All? Secondly, how our textbooks and teachers talk about caste in the classrooms? regards
Insight Editorial Collective
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Reliance Power bags 4,000 MW Tilaiya Ultra Mega Power Project, which needs an investment of about Rs 18,000 Crore |
Jharkhand Blog Tilaiya Ultra Mega Power Plant, Jharkhand Reliance Power of Anil Dhirubhai Ambani Group (ADAG) won the bid for 4,000 mw Tilaiya ultra mega power project (UMPP), the third such project in its kitty after Sasan (Madhya Pradesh) and Krishnapatnam (Andhra Pradesh). Reliance Power has bagged the Tilaiya ultra mega power project (UMPP) by offering to supply power at Rs 1.77 per unit — the lowest price quoted by the four companies in the fray. Sources said the financial bids were opened by the government's nodal agency for ultra-mega power projects, Power Finance Corporation, on 28-01-2009. RPL quoted a levelised tariff of Rs 1.77 per unit for the coal-fired project. State-owned NTPC quoted a tariff of Rs 2.34 to come second, followed by Jindal Steel & Power Ltd Rs 2.67. There were two other bidders — Jindal Steel and Power which offered to supply power at Rs 2.69 per unit and Sterlite Industries which bid the highest at Rs 2.97 per unit. The fifth company shortlisted to bid, Lanco Infratech, partnership with Genting Power International, withdrew at the last minute, according to an official of the Power Finance Corporation (PFC), which is the nodal agency for the ultra mega power projects. Lanco said that bankers to its partner, Genting Power, withdrew support for the project at the last moment, forcing them to withdraw their bid. Eleven companies had originally qualified to bid for the Tilaiya UMPP but the global financial meltdown and the subsequent credit crunch saw many companies opt out of the bid. These included the likes of Tata Power and Larsen & Toubro. Reliance Power has quoted an extra 57 paise per unit for Tilaiya over its bid for Sasan, the first UMPP to be auctioned. Although Sasan and Tilaiya are of the same size, 4,000 mw each, and based on captive coal blocks, the Tilaiya bid comes amidst tight liquidity conditions in slowing global economy. The Tilaiya project will get its coal from a captive mine that will also be developed by the power project bidder. The coal mine is estimated to have reserves of 972 million tonnes. An analyst report by ICICI Securities says coal reserves in the block are 86% more than the power plant's requirement, which is expected to help the project. The project will require an investment of Rs 18,000 crore with a debt-equity ratio of 70:30. The letter of intent to Reliance Energy will be awarded in the next few days and the company will be given 60 days to comply with the provisions. "We expect the contract to be signed in a month," the PFC official said. The bids were opened by a high-level committee that included representatives from the governments of Bihar and Jharkhand.
PFC had once deferred the bidding process as power companies had expressed concern over getting funds for the project. They also wanted clarity over the coal transportation system in the project. Last year, the government had awarded the Sasan project to Reliance Power after Lanco's bid was disqualified by a group of ministers led by power minister Sushilkumar Shinde. The company lowered its bid to Rs 1.19 per unit to match Lanco's. The government has asked RPL to hand over the Sasan project in four years against the quoted time-frame of 10 years. Lanco, whose bid was disqualified, had vowed to complete the project in seven years. Unlike the Tilayia and Sasan projects, the Krishnapatnam project will use imported coal. This is the second ultra-mega power project that plans to use imported coal after the Mundra unit planned in Gujarat that was bagged by the Tatas. For the Mundra imported coal-based project, the Tatas had quoted a tariff of Rs 2.26 against Reliance Power's Rs 2.66, L&T's Rs 3.22 and Sterlite's Rs 3.74. "The tariff is much higher when compared to Sasan. We expect much better margins," said Reliance Power's chief executive, JP Chalasani. Analysts were also concerned about the financing challenges that the company would face given the group exposure norms that it is likely to run into. "We do not expect any financing challenges," asserted Chalasani. "The Tilaiya project is due for commissioning in 2015, which gives the company enough time to manage the funding. Financial closure for the Sasan UMPP is expected next month, while that of Krishnapatnam is likely in the first quarter of the next financial year, he added. While there is no cap on the number of UMPPs that a company can bag, the performance guarantees required go up with each project. For instance, a performance guarantee of Rs 300 crore is required when a company bags its first UMPP. For the second project, the performance guarantee required goes up to Rs 450 crore, and Rs 600 crore for the third project, officials informed. The Tilaiya project in Jharkhand, which will be funded seven parts by debt and three parts equity, is a part of the government's showcase UMPP scheme under which over 50,000 Mw of power capacity is planned through 13 projects during the 12th Five-Year Plan (2012-2017). kseboa.org/news/reliance-power-bags-tilaiya-ultra-mega-power-project-in-jharkhand.html Directory | | __._,_.___
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