BL reported that the Brihan Mumbai Storm Water Drainage Project, which was allocated an additional INR 300 crore from the budget, could now see 10% increase in cost from the originally estimated INR 1,200 crore. This will be borne by the Municipal Corporation of Greater Mumbai.
Mr RA Rajeev the Additional Municipal Commissioner of Greater Mumbai said that given the extensive scope of work, the cost could go up by INR 120 crore.
Mr Rajeev said that “Once the project is completed by 2011, Mumbai city will be able to handle 50 MM an hour rainfall and not be paralyzed as is the case each time there is a heavy downpour. The process of resettlement for hutment dwellers is also under way and nearly 1,400 families have been resettled.”
The project was initiated in 2007 and the Corporation received INR 500 crore as first installment from the Centre in 2008-09. Of this amount, INR 463 crore has already been spent. The interim Budget that followed, earmarked INR 200 crore and the latest, of course, is INR 300 crore announced by the Finance Minister on Monday.
However, the key cost components of the project include INR 708.91 crore for widening and deepening the 103 kilometer network of major open drains and canals, INR 288 crore for pumping stations and INR 203 crore for rehabilitation of old sewage water drainage system.
In city area, pumping stations with high capacity pumps will be installed at strategic locations. Mumbai city and suburbs with 438 square kilometer area gets about average rainfall of about 2,200 MM. Rainwater gets drained by roadside drains, minor and major irrigation canals and finally drained in the Arabian Sea and Thane creek. The drainage system is about 100 years old and can handle only 25 MM rainfall an hour.
(Sourced from http://www.steelguru.com/news/index/2009/07/10/MTAxNTg2/Brihan_Mumbai_Storm_water_drainage_project_cost_likely_to_go_up_by_10pct.html)
Royalty on crude oil and gas
Mr Murli Deora minister of Petroleum and Natural Gas in reply to a question in the Lok Sabha, the royalty on mineral oil in respect of commercial production from on land areas is required to be paid to the State Governments based on a fixed rate decided by the Central Government as percentage of the sale of the mineral oil at the oil fields or the oil well head, as the case may be, under the provisions of Oilfields Act (ORDA), 1948.
During the period April to December, 2008 Oil and Natural Gas Corporation Limited paid royalty to the State Governments on post-discount prices.
The State Government of Gujarat has represented to the union Government for payment of royalty as per pre discount prices.
On examination of the issues raised by Government of Gujarat, ministry of Petroleum and Natural Gas has clarified to the Government of Gujarat that royalty payments made by ONGC is on the basis of crude oil price actually realized that is post discount price.
Source From:- http://www.steelguru.com/news/index/2009/07/10/MTAxNTg3/Royalty_on_crude_oil_and_gas.html
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