Sagar Supercritical Thermal Power Project may not get environment clearance in this fiscal despite the best efforts put in by the Ministry of Power. Ministry of Environment and Forest has reportedly asked for some additional information. The project developer, Universal Crescent Power Ltd, has been asked to submit disaster management studies and plan for the proposed plant. Also the developer has been asked to submit a hydro dynamic study by a reputed institute. As these studies take minimum three months to complete, environment clearance for the project may not happen before March this year.
Sagar STPP involves setting up of 1,980 MW (3×660 MW) supercritical thermal power project at Nayachar Island on Hooghly River in East Midnapore district of West Bengal. The project will be implemented in two stages and in the first stage, 1320 MW capacity will be set up. Universal Crescent Power is a subsidiary of Universal Success Enterprises, a multinational company, ventured into India to develop the first FDI township in West Bengal. UCPL is also setting up power project in Saurashtra. UCPL has signed an MoU with the Government of Gujarat during the “Vibrant Gujarat investor Summit” held in January 2009 for setting up 10,000MW power capacity in the state.