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Karnataka halts decision to sell 3,667 acres of land to JSW Steel

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Karnataka halts decision to sell 3,667 acres of land to JSW Steel

The Karnataka government’s cabinet on Thursday adjourned the decision to sell 3,667 acres of land to JSW Steel Ltd in Ballari district in view of protests from within the ruling BJP and pending cases in the courts.

Law and Parliamentary Affairs Minister Basavaraj Bommai said, “The decision to sell land to JSW Steel in the last cabinet meeting has not been confirmed in today’s cabinet meeting, so the previous decision on the matter will remain pending.”

After the cabinet meeting, he told the media persons here that the decision taken in the previous cabinet meeting will not be implemented after the decision of the cabinet is currently withheld.

He clarified, “A lot of cases are in the courts and appeals have been made in the Supreme Court as well. A public interest litigation has also been filed in the High Court, on the basis of which several notices have been issued. In view of this situation, a decision will be taken in this regard after a few days. “

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Earlier on 26 April, in a cabinet meeting chaired by Chief Minister BS Yeddyurappa, the decision to sell 3,667 acres of land in Ballari district to JSW Steel was agreed. The Bharatiya Janata Party (BJP), however, strongly opposed this decision of the former state government while in opposition.

It is noteworthy that the Congress-JDS coalition government had decided to sell 3,667 acres of leased land to JSW Steel in 2019. However, in view of the internal protests and outside protests, the cabinet once again discussed the issue and decided to refer it to the cabinet sub-committee.

News Source: ConstructionWorld

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Construction Infrastructure

The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra

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The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra

Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has received LoA for a project involving six laning of Kagal-Satara section of NH-48 (old NH4) in Maharashtra. The project will be executed under the Bharatmala Pariyojana at ₹2,008.47 crores. The construction period for the 67-km long road project is expected to be 2 years from the date of appointment and the concession period will be 18 years.

With this project award, Adani’s road portfolio will have total 14 projects with more than 5,000 lane km with asset value exceeding ₹41,000 crore spread across India.

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