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Charter (1) Uci
Charter (1) Uci
Land acquisition
JUNE 29,2020
─
Amiya anand
The Brighton steel company
123, Kadma
Jharkhand
1
Overview
The Brighton steel company is looking towards acquiring 2500 Hectares of forest
land in the next 5 years in its Colliery division of WBC-Ramgarh(820172) to continue
mining coal for steel and truss rod production.
Upon completion of the project, the company will have enough land to continue
mining coal for the next 11 years. This will also allow company to achieve
independence in electricity requirement for Mining plant works.
Objectives
Land acquired should be 20% of 2000 hectares of land out of 2500
rural land and 80% of forest land. hectares must belong to prior forest
land and the rest 500 should come
from prior rural areas.
2
1. This project will ensure future proofing of colliery mining division of Brighton
steels, thus giving the company full self dependence for coal procurement.
2. This project will ensure goodwill of company amongst local residents as
every care will be taken in their displacement.
3. This project will improve profits of company as the company would no longer
have to purchase coal from second hand suppliers and contractors.
3. Acquisition of Compensatory Aforestation(CA) land has number of
strict government regulations.
Summary Budget
The Procurement team has assembled a proposal based on recommendation of previous
Land management department employees and the Budgeted Cost will be $100,000.