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NTPC launches Jharkhand project annuity disbursal

State-owned NTPC on Tuesday began the process of disbursing annuity to Jharkhand project-affected people at Pakri Barwadih in Hazaribagh district.

'I started giving annuity on Monday and the rest people will get (theirs) from them (officials),' NTPC Chairman and Managing Director Arup Roy Choudhury told reporters here after giving away cheques to the people, who gave their land for the public sector's Jharkhand Project here, about 100 km from the state capital Ranchi.

The company proposes to start coal mining here at the earliest. Choudhury said that he would meet state government officials and keep some demands put by the locals in addition to NTPC's Land Compensation and Annuity under its Rehabilitation and Resettlement Programme (R&R).

Stating that the national power generation company's R&R has been approved by the Jharkhand government, he said that NTPC has agreed whatever the state sought with regard to R&R.

But one should understand, he said, adding that if the state gave more for the NTPC project, then it has to agree for other projects as well.

'Secondly, 50 per cent of the electricity has to be purchased by the state. The more increase in cost, the more the electricity rate,' he said, adding that it would affect consumers tariff-wise.

On the people's demand for jobs along with the compensation package, Choudhury said that qualified persons of the locality would get preference in employment and the power company would help train skilled hands.

Among several benefits under its Rehabilitation and Resettlement Programme, NTPC is giving Rs 15 lakh per acre to the project affected people.
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