| 19-Jan-2026 |
Proceedings dated: 19.01.2026.Sh. Shashank Sharma, Associate Engineer Executive and Ms. Asha, Chartered Accountant briefed about the facts of the case.Sh. Abhishek Trehan (Director), Sh. Gautam Patra (Project), Sh. Bibhash (AR) are present on behalf of promoter.The Authorized Representative of the promoter submits that the subject land was purchased in the year 2024 through e-auction conducted by HSIIDC. It was further submitted that, as per the approved site plan, a 66 kV HT line is passing through the project land, which is required to be shifted/relocated by HSIIDC. The promoter undertakes that no third-party rights of any nature shall be created by the Promoter/Company/Empaneled Channel Partners in respect of the area affected by the said HT line until such shifting/relocation is carried out. At present, the approved Environmental Clearance, Fire Scheme Approval, and Mining Permission are under process and have not been obtained as on date. The Authorized Representative of the promoter further undertakes to obtain and submit:i. The Approved Environmental Clearance & Fire Scheme Approval within 4 months from the date of grant of registration; andii. Mining permission before the start of construction.Further, he undertakes to submit two Demand Drafts/Bank Guarantees amounting to Rs. 25 lakhs each, as a security deposit for timely compliance with the above requirements at point (i). It is also expressly undertaken that in the event of failure to obtain and submit the aforesaid approvals within the stipulated time frames, the said security amount(s) shall be liable to be forfeited by the Authority.The Authority has taken note of the submissions made by the Authorized Representative of the promoter regarding the non-availability of the aforesaid statutory approvals as on date. In view of the above, and in the interest of regulatory compliance, the Authority hereby directs that the promoter shall submit two separate Demand Drafts/ Bank Guarantees, each amounting to Rs. 25,00,000/- (Rupees Twenty-Five Lakhs only), in favor of the Authority, as security amounts for timely submission of the following approvals: a. Fire Scheme Approval: within 4 months from the date of grant of registration; and b. Approved Environmental Clearance: within 4 months from the date of grant of registration.In the event of non-submission of any of the above approvals within the prescribed time frames, the corresponding security amount shall stand forfeited by the Authority, and such failure may also attract additional regulatory action as permissible under the Act of 2016, rules and regulations made thereunder. The promoter shall submit the Mining Permission prior to commencement of construction at the site. Further, the promoter is hereby directed not to create any third-party rights of any nature whatsoever in respect of Tower-C or the area affected by the 66 kV HT line until the complete removal/shifting of the said HT line. A condition to this effect shall also be incorporated in the Registration Certificate.Approved as proposed subject to rectification of deficiencies mentioned above at S.No.32The Registration Certificate shall be issued after submission of remaining deficiencies mentioned above including correction in A-H form, Online DPI and submission of two DD’s/BG’s of Rs. 25 lakhs each for submission of Fire Scheme approval and Approved Environmental Clearance within the timeframe mentioned above. |
APPROVED AND READY FOR CERTIFICATE ISSUING PROCESS |
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