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Project Development process
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Identify land parcels with proximity to S/s (CTU / STU) having connectivity, through sources (Land Aggregators).
1. Issuance of RfQ / Winning a particular bid 2. Creation of land repository 3. Requirement from OA customers.
Conduct Site visit and assess suitability of the land by ourselves or Project Exec Or O & M Team
Ensure land identified is free from encumbrances, forest and environment restrictions, any other area, which may hamper land acquisition.
Board Guidance to be followed for award of land Contract to land aggregator.
Identify legal agency and conduct detailed Title Due Diligence verification of land parcel.
Based on TSR issued by external lawyer, issue notification in newspaper subject to site sensitivity and proceed with land acquisition.
Monitor payment and other statutory requirements of land acquisition as per Contract. Conduct monthly MIS and Review including pending capitalization, tracking of mutations, NA, survey plans and actionables for the pendency.
Hand over sale deed copies to estate of appx 50 acres within 30 days from Sale/Lease Deed &
SOP (CEL-EST-SOP-09) to be followed. (attached in this process)
BD and Engg to vet the estimated yield/suitability of technology of the site and accordingly give directives to PD to zero down the site.
EIA to be conducted before land procurement starts
Land aggregator to facilitate Ceiling permission, Non Agricultural conversion, Stamp Duty exemption, wherever necessary.
PD to ensure connectivity and LTOA as per project timelines
Capitalization statement to be generated by estate within 2 working days of docs received from PD Team. PD Team to initiate SAP workflow for Capitalization within 2 working days from receipt of statement
Capitalization statement of various projects for review to be sent by Finance.
Capitalization statement to be generated by estate within 2 working days of docs received from PD Team. PD Team to initiate SAP workflow for Capitalization within 2 working days from receipt of statement from Estate.
Monitor payment and other statutory requirements of land acquisition as per Contract. Conduct monthly MIS and Review including pending capitalization, tracking of mutations, NA, survey plans and actionables for the pendency.
Hand over sale deed copies to estate of appx 50 acres within 30 days from Sale/Lease Deed & reconcile as per contract.
SOP (CEL-EST-SOP-09) to be followed. (attached in this process)
Demarcate & handover to Projects team for construction.
Handover Mutation documents to Estate
Handover of 50% / 75% / 100% acquisition depending on project schedule
Handover NA Orders to Estate
Capitalization of service fees against mutation
Capitalization of service fees against NA conversion
End

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by Kishan

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