Sahara India Power Corporation Limited’s 1320 MW Titilagarh power plant will be based on environmentally efficient Supercritical Technology

Plant will operate with effluents of less than 50% of the limits fixed by Ministry of Environment & Forests, Govt. of India
Signs MOU with EWP, Korea for Technology & Joint participation in the project
Mumbai, July 27, 2010: Sahara India Power Corporation Limited (SIPCL) is setting up 2X 660(1320) MW Power Plant with investment of Rs. 8000 Crores based on Supercritical Technology. This Plant is based on advanced / best technology of world with participation of Korea East-West Power Co. Ltd., a company owned by the Government of Korea. This plant will operate with effluents of less than 50% of the limits fixed by Ministry of Environment & Forests, Govt. of India in their pollution standards.
The plant will operate with high pressure and high temperature thereby reducing coal consumption, which will drastically reduce SPM, SOX, and NOX. The Chimney height of 275 mtr. will help in keeping the environment clean. There will be green belt of 100 meter width adjoining the plant boundary and a total of 320 acres of plant will be in the greenbelt area. There will be a huge water reservoir having capacity of 11 lakh cubic meter inside the plant boundary. These environmental measures will help in control of temperature and there will not be any increase in the ambient temperature levels of the locality compared to the present.
This plant is located in the Titilagarh Tahasil of Balangir district in KBK Region where at present no major industry exists. The plant will be located in 950 Acres. There will be no displacement in the area. There is no forest land & irrigated land within the area earmarked. Orissa Water Department has sanctioned 50 Cusecs water to be drawn from Tel River. The plant is located about 2.00 Km away from river Tel thereby leaving substantial land for use by villagers for cultivation of vegetables etc.
The plant is envisaged with zero discharge i.e. no waste water will go outside the plant. All waste water will be treated and used within the plant. The Supercritical Technology envisages less consumption of water and fuel thereby resulting in low generation of ash. The ash generated will be disposed off with advanced technology high density system so that there will be no fly ash issues in the vicinity. The entire ash generated will be used in land filling, cement-industry, brick making, fertilizer etc. as per MOEF norms.
As per MOU with State Govt. 90% of Unskilled people, 60% skilled people, 30% Supervisory managerial people will be filled up by Project affected people (1st Preference) and people of Orissa. About 2000 people will get direct / indirect employments through the project.
With establishment of this Power Plant and availability of electricity many small and large scale industries will come up in the area generating major employment, self employment and business opportunities vastly improving the per capita income and living standards. There will be unprecedented all round economic growth in the area / Balangir district, the seed for which will be sown by implementation of the power plant by Sahara.
To reap fullest, SIPCL will train the local people by establishing ITI and training centres. Primary & higher education in the area will be supported by SIPCL. SIPCL has already initiated its CSR activities where SIPCL has been supplying potable drinking water in Titilagarh area in recent dry summer season & 3 nos. Of Mobile Health Unit (MHU) vans are operating in the Titilagarh and adjacent areas with qualified doctors and free medicines to take care of primary health of village people. All other corporate social responsibility will be in accordance with that decided by RPDAC and state Govt. from time to time.
Sahara is well known in the country for its social responsibility commitments and the local people will be benefited through these efforts with overall improvement in health, education, agriculture, communication and sports activities etc.

Sahara Mutual fund declares 20% Tax-Free Dividend under Sahara Power & Natural Resources Fund

Lucknow, July 27, 2010: Sahara Mutual Fund is pleased to declare 20% Dividend under Sahara Power & Natural Resources Fund. The Dividend is Tax Free in the hands of the investors. The record date for the purpose of dividend is 30/07/2010.
All such investors under dividend option of Sahara Power & Natural Resources Fund whose name appear in the register of the unitholder’s book as on the record date, would be eligible for dividend.
Announcing the dividend Mr. Naresh Kumar Garg, CEO, Sahara Mutual Fund, mentioned that these sectors offers attractive opportunities as the focus of Indian growth story rest with the exponential growth of Power Sector. The portfolio of the fund is well structured to reap the benefit.
Sahara Power & Natural Resources Fund is an Open-Ended Growth scheme that aims to generate long term capital appreciation through investment in equities and equity related securities of companies engaged in the business of generation, transmission, distribution of Power or in those companies that are engaged directly or indirectly in any activity associated in the power sector or principally engaged in discovery, development, production, processing or distribution of natural resources.
NAV of Sahara Power & Natural Resources Fund as on 23.07.2010 is Rs.13.6555.

The Queen’s Baton relay 2010 in Sahara Shaher Lucknow

The Queen’s Baton relay 2010 arrived at Sahara Shaher Lucknow at Saturday, 10th July 2010 at 9:35a.m. and Saharasri Subrata Roy Sahara – Managing Worker & Chairman, Sahara India Pariwar carried the Queen’s Baton at Sahara Shaher.

Generals of Sahara Pune Warriors Decided - Cricketing Legend Geoff Marsh as Head Coach and English all rounder Dermot Reeve as Assistant Coach

Lucknow, July 5, 2010: Sahara Pune Warriors, the Pune franchise of Indian Premier League (IPL) is delighted to announce the appointment of its Head and Assistant Coach for IPL season 4. The legendry Australian opener and world cup winning coach of Steve Waugh’s side in 1999, Mr. Geoff Robert Marsh has been appointed the Head coach of the team while former England international all rounder Mr. Dermot Reeve has been appointed the Assistant Coach. The announcement was done by Mr. Subrata Roy Sahara, Managing Worker and Chairman, Sahara India Pariwar at the Sahara Headquarters with both Mr. Geoff Marsh and Mr. Dermot Reeve present at the conference.
Mr. Geoffrey Robert Marsh, the legendry Australian cricketer, coach and selector, as a cricketer played 50 Test matches and over 100 one-day Internationals for Australia,as an opening batsman. Marsh was a steady, solid right-handed opening batsman. He made his first-class debut for Western Australia as a nineteen year old in the 1977-1978 Sheffield Shield season. Marsh played international cricket over a seven-year period, ending in 1992. As a coach he was in charge when Australia won the 1999 Cricket World Cup in England, guiding the team to seven consecutive victories to help them win the tournament. Marsh was chosen as coach of the Australian national Test and one-day international teams in July 1996, playing a vital part in continuing his country's positions as the top cricketing nation of the time. He left the Australian coaching job and soon became a selector for the Australian Cricket Board (now Cricket Australia). In 2001 he was appointed as the coach of the Zimbabwean national team.
Mr. Dermot Reeve best known as an English all-rounder has made his first class cricket debut for Sussex in 1983 and played 29 one-day Internationals, including the World Cup Final in 1992 for England and 3 Test Matches for England. He is awarded with Wisden Cricketer of the Year 1995 and only person to win 3 ‘Man of the Match’ awards in Lord’s finals. He served as Hong Kong’s Cricket Coach in 1994/95, as a T20 bowling coach for New Zealand in 2008, as a Central districts coach 2008-09 and 2009-10 and Raigad Royals coach 2009 and 2010
While making this announcement Mr. Subrata Roy Sahara said,“We are delighted that we have been able to hand the reins of the team to two of the ablest professionals in the field. Geoff, with his wealth of experience and knowledge will be the captain of the ship while Dermot with his aggressive approach, enthusiasm and experience will assist him. Along with this they are excellent human beings and I am confident that this combination of the vast experience and aggressive approach will tremendously help in making the Sahara Pune Warriors a well equipped and string team”
Geoff Marsh, delighted at the appointment, said, “The IPL is the most exciting thing to happen to world cricket and Sahara Pune Warriors is in turn the most exciting thing to happen to IPL. I am extremely excited about this opportunity.” When asked about the retention policy, Marsh said, “As a new franchise we really hope that the BCCI gives us a level playing field and that all players are allowed to go into an open auction.” Reeve, echoing similar sentiments suggested, “Only then will the standard of he tournament be maintained and the principle of fair play and natural justice adhered to.”