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Article

23 Aug 2011

Author:
Geeta Nair, Financial Express (India)

Lavasa responds to pre-conditions, awaits decision [India]h

Construction activity at Lavasa, Pune — being developed by Hindustan Construction Company (HCC) — has been at a standstill…The MoEF pre-conditions were that the Maharashtra government had to take action against Lavasa for the violations…5% of project cost had to go towards CSR and Lavasa had to set environment restoration fund…Lavasa has responded to these pre-conditions...HCC officials did not want to comment on the content of their response and the pre-conditions…