Latest news with #CMDA
New Indian Express
5 days ago
- Health
- New Indian Express
Senior IAS officer Anshul Mishra to go on central deputation to AIIMS Delhi
CHENNAI: Tamil Nadu cadre senior IAS officer Anshul Mishra will be going on central deputation as an Additional Director (Administration) at the All India Institute of Medical Sciences in Delhi under the Union Ministry of Health and Family Welfare, as per an order of the Appointments Committee of the Union Cabinet dated May 28. His transfer to Delhi comes close on the heels of the Madras High Court finding him guilty of contempt of court last week. The court ordered him to undergo simple imprisonment for one month and pay a compensation of Rs 25,000 to two elderly siblings, the petitioners in the case, who were trying to retrieve their property acquired by the government years ago but was not used. The court found that Mishra, who held the post of member secretary of Chennai Metropolitan Development Authority (CMDA) for around 4.5 years, did not act on the siblings' petition within the time set by it in 2023. He was transferred out of CMDA and posted as managing director of Tamil Nadu Urban Habitat Development Board in February.
Time of India
27-05-2025
- Business
- Time of India
Utpadan Nigam loses case, to pay 740 crore compensation to Adani
Jaipur: Rajasthan High Court recently dismissed an appeal filed by Rajasthan Vidyut Utpadan Nigam Ltd (RVUNL) against the demand of Rs 740 crore compensation cess on coal rejects by Parsa Kante Collieries Ltd (PKCL), which earlier received favourable orders from an arbitral tribunal and a commercial court. PKCL, a joint venture between Adani Enterprises Ltd (74%) and RVUNL (26%), was formed to mine coal from Rajasthan's blocks in Chhattisgarh, allotted by the Centre. In 2010, the central govt levied a clean energy cess (CEC) on coal, which RVUNL was paying as per the conditions in the Coal Mining and Development Agreement (CMDA). However, a dispute between PKCL and RVUNL arose after the introduction of GST in 2017, wherein the CEC was replaced by a compensation cess. "This issue arose between the parties in 2017, wherein RVUNL was in dispute with PKCL. But PKCL was awarded Rs 740 crore by the Arbitral Tribunal, which was upheld by the Rajasthan High Court," said Nilava Bandyopadhyay, senior partner, S&A Law Offices. Upholding the contention of the Adani company, the arbitrator said RVUNL is liable to reimburse compensation cess to them on the entire coal mined. The objections filed by the RVUNL under Section 34 of the Arbitration and Conciliation Act were rejected by the commercial court, which held that the view taken by the arbitrator was a plausible one. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Transformez les idées novatrices en stratégies d'investissement eToro Market Updates En savoir plus Undo Following this, the RVUNL approached the high court. While dismissing RVUNL's appeal, the high court bench held, "The argument that reimbursable shall include only those taxes for which the Nigam has a statutory liability to pay has a lacuna." The bench observed that the conclusion of the arbitrator is based upon a reasonable construction of the terms of CMDA and is plausible.
New Indian Express
27-05-2025
- New Indian Express
SETC buses going via ECR may be moved to Anna Nagar West depot from CMBT
CHENNAI: As part of efforts to reduce congestion in the city by phasing out the Chennai Mofussil Bus Terminus (CMBT) in Koyambedu, officials from Chennai Metropolitan Development Authority (CMDA) and transport department are planning to relocate long-distance mofussil and SETC buses operating via East Coast Road (ECR) to the Anna Nagar West depot. At present, the CMBT operates 592 buses, with 400 scheduled to be moved to Kuthambakkam. Officials added that the remaining 142 mofussil buses and 50 SETC buses will also need to be relocated to a new facility to fully phase out the CMBT. The CMBT, which was built in 2002 at a cost of Rs 102 crore, spans 37 acres of land and has been operational for over two decades. Official sources attached to CMDA and transport department told TNIE that the new Kuthambakkam bus terminus, situated near Thirumazhisai along the Chennai-Bengaluru bypass, is nearing completion. Built at a cost of `427 crore, it is expected to be inaugurated by August or September. Once operational, TNSTC and SETC buses serving destinations such as Vellore, Krishnagiri, Walajah, Hosur, Tirupattur, and Bengaluru will be shifted from CMBT to the Kuthambakkam facility. This will leave CMBT with only a limited number of services to Puducherry, Cuddalore, Nagapattinam, and a few other locations. These remaining buses are also slated for relocation, with the Anna Nagar West depot being a key option under consideration, said an official.
Time of India
26-05-2025
- Business
- Time of India
HC junks Rajasthan Rajya Vidyut Utpadan Nigam Limited's appeal on coal compensation cess
The Rajasthan High Court has dismissed an appeal by the Rajasthan Rajya Vidyut Utpadan Nigam Limited ( RVUNL ) in connection with a dispute with Adani Entreprises Limited on the issue of compensation cess. A bench of Justices Avneesh Jhingan and Bhuwan Goyal held that RVUNL is liable to reimburse the amount paid by Adani-owned joint venture company AEL under Clean Energy Cess for coal mining. Coal blocks were allotted by the Centre to RRVUNL which invited tenders to enter into a joint venture arrangement for the development and operation of coal blocks, transportation and delivery of coal to the thermal power stations of the Nigam. Adani Enterprises Limited (AEL) being the successful bidder formed a joint venture company and executed a Coal Mining and Development Agreement (CMDA) for 30 years with RVUNL. In 2010, the central government levied Clean Energy Cess (CEC) on the goods mentioned in the Tenth Schedule of the Finance Act,2010 in which coal was also one of the levied products.
Time of India
25-05-2025
- Business
- Time of India
HC junks Rajasthan Rajya Vidyut Utpadan Nigam Limited's appeal on coal compensation cess
The Rajasthan High Court has dismissed an appeal by the Rajasthan Rajya Vidyut Utpadan Nigam Limited ( RVUNL ) in connection with a dispute with Adani Entreprises Limited on the issue of compensation cess. A bench of Justices Avneesh Jhingan and Bhuwan Goyal held that RVUNL is liable to reimburse the amount paid by Adani-owned joint venture company AEL under Clean Energy Cess for coal mining. Coal blocks were allotted by the Centre to RRVUNL which invited tenders to enter into a joint venture arrangement for the development and operation of coal blocks, transportation and delivery of coal to the thermal power stations of the Nigam. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 20 Women From The 90's That Still Turn Heads Reportingly Undo Adani Enterprises Limited (AEL) being the successful bidder formed a joint venture company and executed a Coal Mining and Development Agreement (CMDA) for 30 years with RVUNL. In 2010, the central government levied Clean Energy Cess (CEC) on the goods mentioned in the Tenth Schedule of the Finance Act,2010 in which coal was also one of the levied products. Live Events
