Waiver for stalled projects in green nod validity

SEVERAL INFRASTRUCTURE PROJECTS SUCH AS THE GREAT NICOBAR HOLISTIC DEVELOPMENT PROJECT ARE LIKELY TO BENEFIT FROM THE WAIVER BY THE CENTRE

- Jayashree Nandi

The Union environment ministry has decided to waive the period during which projects are stalled on account of litigation from the period of validity of the environmental clearance (EC) already granted to them ~-a move that will benefit infrastructure projects facing court cases.

Several significant infrastructure projects such as the Great Nicobar Holistic Development Project are likely to benefit from this relaxation by the Centre that ‘was announced in an office memorandum dated October 30.

The ministry said in the memo, which has been seen by HT, that it has been brought to its notice that the implementation of some projects for which ECs have been granted has been stalled due to proceedings before National Company Law Tribunal (NCLT) or courts.