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News Brief | June 2014

Rs.225-cr compensation disbursed for Odisha UMPP

The Odisha Integrated Power Ltd (OIPL), a fully owned subsidiary of Power Finance Corporation (PFC), has disbursed compensation worth Rs 225 crore for private land acquired for the first ultra mega power project (UMPP) being set up at Bhedabahal near Sundargarh. PFC is the nodal agency for implementing UMPPs across the country. The total compensation for 2,733 acres of private land acquired for the project has been worked out to be Rs 634 crore.
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