The Hindustan Construction Company (HCC), is executing a 300 MW Kishanganga power project in Bandipora district of occupied Kashmir, despite a warning by the Centre for Inter-disciplinary Studies of Mountain & Hill Environment (CISMHE), New Delhi, of terrible anti-environmental dangers of the project. A report, prepared by CISMHE on Kishanganga, clearly pointed to the issues like environmental degradation and the impact on water quality of Bandipora.

Ajit Gulabchand, CMD, HCC talks about balancing environment sustainability with infrastructure growth

We are a rich country, with poor people. We need to bring people out of poverty and bring prosperity. Now while doing that a lot of damage is done to the environment which actually affects everybody. So, how do you manage and protect the environment when you grow?

Gandhinagar: A new reservoir downstream of the Narmada dam is now no more a distant dream. Besides serving as a major spot for water sports, the weir will also generate electricity.

The state government has awarded the work for building the weir in river Narmada at Garudeshwar, about 12 kilometres downstream of Narmada dam, to a Hyderabad-based party Rithwik Projects.

Seeks talks after court battle lost

Crying “discrimination”, the Anil Agarwal-promoted Vedanta Aluminium Ltd (VAL) wants to initiate a fresh dialogue with the environment ministry to arrive at a solution enabling the expansion of its aluminum refinery in Orissa.Vedanta has claimed the ministry discriminated against it by not clearing its Lanjigarh project, while the Jindal Power and Lavasa projects got the green signal.

If the proposed law on acquisition of land is passed, it will be a setback to industrial, infrastructure and urbanization projects, business leaders said at the World Economic Forum's India Economic Forum on Monday.

Representatives of industry criticised many provisions of the law, including its mandate on purchase price to be several times the current market rate, the provision that buyers are responsible for rehabilitation and resettlement of those displaced, including giving them a share of equity or jobs for 26 years.

Hindustan Construction Company (HCC) has rallied 8% to Rs 30.20 after the ministry of environment and forests (MoEF) cleared the company’s hill city project at Lavasa near Pune, subject to the company meeting 47 conditions.

The ministry of environment and forests' clearance was granted on the condition that the project was approved by the Maharashtra Pollution Control Board and various regulations were followed throughout the construction.

New Delhi Almost a year after it slapped stop-work orders on Hindustan Construction Company's (HCC) flagship hill city project at Lavasa near Pune, the ministry of environment and forests (MoEF) on Wednesday cleared the project subject to the company meeting 47 conditions.

Construction on the first phase of 2,000 hectares was cleared on the condition that the project is approved by the Maharashtra Pollution Control Board and that various regulations are followed throughout construction.

After a year-long legal battle, the environment ministry on Wednesday granted a conditional clearance to the first phase of the multi-crore Lavasa Hill City project in Maharashtra.

The clearance comes as a reprieve to Ajit Gulabchand’s ambitious hill city project, making losses to the tune of Rs 2 crore a day due to the ministry’s stop-work order. After the clearance, Lavasa Corporation Ltd, a subsidiary of Hindustan Construction Co, can start construction work at the project site.

Case before Pune court over violation of green rules.

Ajit Gulabchand Hindustan Construction Company (HCC) chairman and managing director Ajit Gulabchand found himself in the dock, with the Maharashtra Pollution Control Board on Friday filing criminal proceedings against the promoters, directors and sundry other officials of Lavasa Corporation, a subsidiary of HCC.

With the deadline for the Maharashtra Government to take ‘credible' action against Lavasa Corporation's hill city project drawing to a close tomorrow, indications are that the State Government will initiate proceedings against the developer for violation of the Environment Protection Act 1986.

As major promoters of Lavasa Corporation, Hindustan Construction Company holds about 65.01 per cent, besides which the Avanta Group holds 16.25 per cent, Venkateswara Hatcheries 12.79 per cent and a private investor 5.95 per cent.