Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
$response = object(Cake\Http\Response) {

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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6803a7b9020c1-trace').style.display = (document.getElementById('cakeErr6803a7b9020c1-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6803a7b9020c1-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6803a7b9020c1-code').style.display = (document.getElementById('cakeErr6803a7b9020c1-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6803a7b9020c1-context').style.display = (document.getElementById('cakeErr6803a7b9020c1-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6803a7b9020c1-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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-The Economic Times
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The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&amp;nbsp;
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The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &amp;quot;admissible experience&amp;quot; while the rest &amp;quot;may not conform to the stipulated qualifying requirements&amp;quot;.&amp;nbsp;
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Company&#039;s chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power&#039;s eligibility was also certified by its auditors.&amp;nbsp;
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Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &amp;quot;CAG has not taken cognizance of all these relevant facts in its final report,&amp;quot; he said.&amp;nbsp;
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The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &amp;quot;vitiated the sanctity of the bidding process.&amp;quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&amp;nbsp;
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The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &amp;quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&amp;quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&amp;nbsp;
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Chalasani said the company had no role in allotting the blocks. &amp;quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&amp;nbsp;
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Hence, Reliance Power had no role in allotment of coal blocks...,&amp;quot; he said.
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The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-The Economic Times&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &amp;quot;admissible experience&amp;quot; while the rest &amp;quot;may not conform to the stipulated qualifying requirements&amp;quot;.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Company&#039;s chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power&#039;s eligibility was also certified by its auditors.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &amp;quot;CAG has not taken cognizance of all these relevant facts in its final report,&amp;quot; he said.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &amp;quot;vitiated the sanctity of the bidding process.&amp;quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &amp;quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&amp;quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Chalasani said the company had no role in allotting the blocks. &amp;quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Hence, Reliance Power had no role in allotment of coal blocks...,&amp;quot; he said.&lt;/div&gt;&#039;,
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The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&amp;nbsp;
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The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &amp;quot;admissible experience&amp;quot; while the rest &amp;quot;may not conform to the stipulated qualifying requirements&amp;quot;.&amp;nbsp;
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Company&#039;s chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power&#039;s eligibility was also certified by its auditors.&amp;nbsp;
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Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &amp;quot;CAG has not taken cognizance of all these relevant facts in its final report,&amp;quot; he said.&amp;nbsp;
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The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &amp;quot;vitiated the sanctity of the bidding process.&amp;quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&amp;nbsp;
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The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &amp;quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&amp;quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&amp;nbsp;
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Chalasani said the company had no role in allotting the blocks. &amp;quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&amp;nbsp;
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Hence, Reliance Power had no role in allotment of coal blocks...,&amp;quot; he said.
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-The Economic Times





The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-The Economic Times&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &amp;quot;admissible experience&amp;quot; while the rest &amp;quot;may not conform to the stipulated qualifying requirements&amp;quot;.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Company&#039;s chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power&#039;s eligibility was also certified by its auditors.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &amp;quot;CAG has not taken cognizance of all these relevant facts in its final report,&amp;quot; he said.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &amp;quot;vitiated the sanctity of the bidding process.&amp;quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &amp;quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&amp;quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Chalasani said the company had no role in allotting the blocks. &amp;quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Hence, Reliance Power had no role in allotment of coal blocks...,&amp;quot; he said.&lt;/div&gt;&#039;
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-The Economic Times





The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over..."/>
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                <strong>Reliance Power got undue benefits in bidding for ultra mega power projects: CAG</strong></h1>
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                <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &quot;admissible experience&quot; while the rest &quot;may not conform to the stipulated qualifying requirements&quot;.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Company's chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power's eligibility was also certified by its auditors.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &quot;CAG has not taken cognizance of all these relevant facts in its final report,&quot; he said.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &quot;vitiated the sanctity of the bidding process.&quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Chalasani said the company had no role in allotting the blocks. &quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Hence, Reliance Power had no role in allotment of coal blocks...,&quot; he said.</div>               </font>
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-The Economic Times
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The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&amp;nbsp;
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The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &amp;quot;admissible experience&amp;quot; while the rest &amp;quot;may not conform to the stipulated qualifying requirements&amp;quot;.&amp;nbsp;
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Company&#039;s chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power&#039;s eligibility was also certified by its auditors.&amp;nbsp;
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Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &amp;quot;CAG has not taken cognizance of all these relevant facts in its final report,&amp;quot; he said.&amp;nbsp;
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The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &amp;quot;vitiated the sanctity of the bidding process.&amp;quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&amp;nbsp;
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The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &amp;quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&amp;quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&amp;nbsp;
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Chalasani said the company had no role in allotting the blocks. &amp;quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&amp;nbsp;
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Hence, Reliance Power had no role in allotment of coal blocks...,&amp;quot; he said.
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-The Economic Times





The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-The Economic Times&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &amp;quot;admissible experience&amp;quot; while the rest &amp;quot;may not conform to the stipulated qualifying requirements&amp;quot;.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Company&#039;s chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power&#039;s eligibility was also certified by its auditors.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &amp;quot;CAG has not taken cognizance of all these relevant facts in its final report,&amp;quot; he said.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &amp;quot;vitiated the sanctity of the bidding process.&amp;quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &amp;quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&amp;quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Chalasani said the company had no role in allotting the blocks. &amp;quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Hence, Reliance Power had no role in allotment of coal blocks...,&amp;quot; he said.&lt;/div&gt;&#039;,
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-The Economic Times
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The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&amp;nbsp;
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The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &amp;quot;admissible experience&amp;quot; while the rest &amp;quot;may not conform to the stipulated qualifying requirements&amp;quot;.&amp;nbsp;
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Company&#039;s chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power&#039;s eligibility was also certified by its auditors.&amp;nbsp;
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Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &amp;quot;CAG has not taken cognizance of all these relevant facts in its final report,&amp;quot; he said.&amp;nbsp;
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The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &amp;quot;vitiated the sanctity of the bidding process.&amp;quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&amp;nbsp;
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The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &amp;quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&amp;quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&amp;nbsp;
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Chalasani said the company had no role in allotting the blocks. &amp;quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&amp;nbsp;
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Hence, Reliance Power had no role in allotment of coal blocks...,&amp;quot; he said.
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-The Economic Times





The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-The Economic Times&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &amp;quot;admissible experience&amp;quot; while the rest &amp;quot;may not conform to the stipulated qualifying requirements&amp;quot;.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Company&#039;s chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power&#039;s eligibility was also certified by its auditors.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &amp;quot;CAG has not taken cognizance of all these relevant facts in its final report,&amp;quot; he said.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &amp;quot;vitiated the sanctity of the bidding process.&amp;quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &amp;quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&amp;quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Chalasani said the company had no role in allotting the blocks. &amp;quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Hence, Reliance Power had no role in allotment of coal blocks...,&amp;quot; he said.&lt;/div&gt;&#039;
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-The Economic Times





The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over..."/>
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                <strong>Reliance Power got undue benefits in bidding for ultra mega power projects: CAG</strong></h1>
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                <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &quot;admissible experience&quot; while the rest &quot;may not conform to the stipulated qualifying requirements&quot;.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Company's chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power's eligibility was also certified by its auditors.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &quot;CAG has not taken cognizance of all these relevant facts in its final report,&quot; he said.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &quot;vitiated the sanctity of the bidding process.&quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Chalasani said the company had no role in allotting the blocks. &quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Hence, Reliance Power had no role in allotment of coal blocks...,&quot; he said.</div>               </font>
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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6803a7b9020c1-trace').style.display = (document.getElementById('cakeErr6803a7b9020c1-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr6803a7b9020c1-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr6803a7b9020c1-code').style.display = (document.getElementById('cakeErr6803a7b9020c1-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr6803a7b9020c1-context').style.display = (document.getElementById('cakeErr6803a7b9020c1-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr6803a7b9020c1-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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		&#039;title&#039; =&gt; &#039;Reliance Power got undue benefits in bidding for ultra mega power projects: CAG&#039;,
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-The Economic Times
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The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&amp;nbsp;
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The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &amp;quot;admissible experience&amp;quot; while the rest &amp;quot;may not conform to the stipulated qualifying requirements&amp;quot;.&amp;nbsp;
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Company&#039;s chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power&#039;s eligibility was also certified by its auditors.&amp;nbsp;
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Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &amp;quot;CAG has not taken cognizance of all these relevant facts in its final report,&amp;quot; he said.&amp;nbsp;
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The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &amp;quot;vitiated the sanctity of the bidding process.&amp;quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&amp;nbsp;
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The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &amp;quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&amp;quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&amp;nbsp;
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Chalasani said the company had no role in allotting the blocks. &amp;quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&amp;nbsp;
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Hence, Reliance Power had no role in allotment of coal blocks...,&amp;quot; he said.
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The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-The Economic Times&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &amp;quot;admissible experience&amp;quot; while the rest &amp;quot;may not conform to the stipulated qualifying requirements&amp;quot;.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Company&#039;s chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power&#039;s eligibility was also certified by its auditors.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &amp;quot;CAG has not taken cognizance of all these relevant facts in its final report,&amp;quot; he said.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &amp;quot;vitiated the sanctity of the bidding process.&amp;quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &amp;quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&amp;quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Chalasani said the company had no role in allotting the blocks. &amp;quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Hence, Reliance Power had no role in allotment of coal blocks...,&amp;quot; he said.&lt;/div&gt;&#039;,
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The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&amp;nbsp;
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The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &amp;quot;admissible experience&amp;quot; while the rest &amp;quot;may not conform to the stipulated qualifying requirements&amp;quot;.&amp;nbsp;
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Company&#039;s chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power&#039;s eligibility was also certified by its auditors.&amp;nbsp;
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Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &amp;quot;CAG has not taken cognizance of all these relevant facts in its final report,&amp;quot; he said.&amp;nbsp;
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The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &amp;quot;vitiated the sanctity of the bidding process.&amp;quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&amp;nbsp;
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The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &amp;quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&amp;quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&amp;nbsp;
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Chalasani said the company had no role in allotting the blocks. &amp;quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&amp;nbsp;
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Hence, Reliance Power had no role in allotment of coal blocks...,&amp;quot; he said.
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-The Economic Times





The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over...&#039;
$disp = &#039;&lt;div style=&quot;text-align: justify&quot;&gt;-The Economic Times&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &amp;quot;admissible experience&amp;quot; while the rest &amp;quot;may not conform to the stipulated qualifying requirements&amp;quot;.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Company&#039;s chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power&#039;s eligibility was also certified by its auditors.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &amp;quot;CAG has not taken cognizance of all these relevant facts in its final report,&amp;quot; he said.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &amp;quot;vitiated the sanctity of the bidding process.&amp;quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &amp;quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&amp;quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Chalasani said the company had no role in allotting the blocks. &amp;quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&amp;nbsp;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;&lt;br /&gt;&lt;/div&gt;&lt;div style=&quot;text-align: justify&quot;&gt;Hence, Reliance Power had no role in allotment of coal blocks...,&amp;quot; he said.&lt;/div&gt;&#039;
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-The Economic Times





The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over..."/>
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                <strong>Reliance Power got undue benefits in bidding for ultra mega power projects: CAG</strong></h1>
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                <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &quot;admissible experience&quot; while the rest &quot;may not conform to the stipulated qualifying requirements&quot;.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Company's chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power's eligibility was also certified by its auditors.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &quot;CAG has not taken cognizance of all these relevant facts in its final report,&quot; he said.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &quot;vitiated the sanctity of the bidding process.&quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Chalasani said the company had no role in allotting the blocks. &quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Hence, Reliance Power had no role in allotment of coal blocks...,&quot; he said.</div>               </font>
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-The Economic Times
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The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&nbsp;
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The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &quot;admissible experience&quot; while the rest &quot;may not conform to the stipulated qualifying requirements&quot;.&nbsp;
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Company's chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power's eligibility was also certified by its auditors.&nbsp;
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Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. &quot;CAG has not taken cognizance of all these relevant facts in its final report,&quot; he said.&nbsp;
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The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &quot;vitiated the sanctity of the bidding process.&quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&nbsp;
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The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&nbsp;
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Chalasani said the company had no role in allotting the blocks. &quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&nbsp;
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-The Economic Times
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The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.&nbsp;
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The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was &quot;admissible experience&quot; while the rest &quot;may not conform to the stipulated qualifying requirements&quot;.&nbsp;
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The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh &quot;vitiated the sanctity of the bidding process.&quot; The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.&nbsp;
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The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. &quot;Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL,&quot; the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.&nbsp;
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Chalasani said the company had no role in allotting the blocks. &quot;Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.&nbsp;
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The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over...'
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Reliance Power got undue benefits in bidding for ultra mega power projects: CAG

-The Economic Times The CAG has questioned the eligibility of the Anil Ambani-led Reliance Power to have bid for any of the three ultra mega power projects (UMPPs) and said the company would enjoy undue benefits of Rs 29,033 crore over 20 years by using surplus coal at another plant.  The CAG said that to be eligible to bid for a UMPP, a company should have implemented projects worth Rs 3,000 crore in the last 10 years including one project of more than 500 crore. However, CAG estimated that out of investment of Rs 4,416 crore claimed by Reliance Power while bidding for the Sasan project, only Rs 1,292 crore was "admissible experience" while the rest "may not conform to the stipulated qualifying requirements".  Company's chief executive officer J P Chalasani claimed that Reliance Power met technical eligibility criteria and CAG calculations are erroneous as there was no undue benefit to Reliance Power. Company officials said Reliance Power's eligibility was also certified by its auditors.  Power Minister Veerappa Moily said CAG was informed of the decision and all relevant papers including legal opinion given by the Attorney General of India were sent. "CAG has not taken cognizance of all these relevant facts in its final report," he said.  The auditor also said the permission granted in 2008 to Reliance Power to use surplus coal from Sasan for its Chitrangi project in Madhya Pradesh "vitiated the sanctity of the bidding process." The special dispensation was unfair, as other developers were not explicitly told about the provision, it said. The company was allowed to divert surplus coal on the condition that the energy so produced will be sold on tariff to be derived under competitive bidding.  The CAG said power from the Chitrangi project would be sold at Rs 2.45/unit to Madhya Pradesh and Rs 3.7 per unit to Uttar Pradesh. "Comparing the higher tariffs for Chitrangi project to the tariff of the Sasan UMPP, it is seen that the benefit of using surplus coal would not pass on to the consumers in the next 20 years as the tariff for Chitrangi Project had already been fixed as per the bid of RPL," the CAG said. The CAG also said that there was no need to allot three blocks for Sasan project as two would meet its requirement.  Chalasani said the company had no role in allotting the blocks. "Coal blocks, with reserves of 760 million tonnes, were allotted to PFC in September/October 2006. These were part of the bid documents and were furnished to all bidders.  Hence, Reliance Power had no role in allotment of coal blocks...," he said.