user Agency be required to make
payment of Net Present Value (NPV) of such diverted land so as to utilize
the amounts so received ... lost by such diversion? What guidelines should be issued for
determination of NPV? Should guidelines apply uniformly to all? How to
calculate NPV? Should some
examination of the issues related to the payment of Net Present
Value (NPV) and Compensatory Afforestation Fund, the Court
upheld the constitutional validity ... notification dated 23rd April, 2004. It was held that the
payment of NPV is for the protection of environment. It was
further held that
user
agency shall be required to make payment of net present value(NPV)
of such diverted land so as to utilize this for getting back ... finally directed that the question as to what amount of NPV is
required to be paid and to achieve these objectives, it was directed
that
exemption from payment of Net Present
Value (hereinafter referred to as “NPV”) was considered by the
28
FAC in its meeting dated 26th October ... recommended that since the concept of NPV was introduced
by this Court in its order dated 29th October 2002 in the
present proceedings, it recommended
wherein this court while deciding the matters
relating to Net Present Value (NPV) and compensatory afforestation
costs accepted the report submitted by the Central Empowered ... regarding calculation of Net Present Value (NPV)
payable on Loss of Forest Lands of Different Types in non-forest
purpose”. This Court had accepted
wherein this court while deciding the matters
relating to Net Present Value (NPV) and compensatory afforestation
costs accepted the report submitted by the Central Empowered ... regarding calculation of Net Present Value (NPV)
payable on Loss of Forest Lands of Different Types in non-forest
purpose”. This Court had accepted
Mining Plan is duly approved by the competent authority;
and (iv) the NPV for the entire forest falling within the
mining lease is deposited ... made it one of the pre-conditions that the NPV will
be paid for the entire forest area included in the mining
addition to what is stated above, M/s SIIL shall pay NPV
of Rs 55 crores and Rs 50.53 crores towards Wildlife Management Plan ... Wildlife Warden of
the State.
10. The user agency shall deposit the NPV of the forest
land sought for diversion for undertaking mining operations
addition to what is stated above, M/s SIIL shall pay NPV
of Rs 55 crores and Rs 50.53 crores towards Wildlife Management Plan ... Wildlife Warden of
the State.
10. The user agency shall deposit the NPV of the forest
land sought for diversion for undertaking mining operations
imposed by MoEF including payment of compensatory
afforestation, penal compensatory afforestation and NPV with
interest as well as the reports submitted by various authorities
were
