Setusamudram

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Setusamudram
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What is Sethusamudram?
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GEOGRAPHICAL LOCATION

• Palk Strait
• Palk Bay
• Adams Bridge
• Gulf of Mannar

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INAGURATION OF THE PROJECT
2ND JULY, 2005 (MADURAI)
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Project Details

• Features     
• Two way channelBottom Width of Channel 300
  mDepth of Channel 12 m
• Permissible Draft of Vessel 10m
• Permissible Speed of Vessel in Channel 8
  KnotsNavigation by day and night
•   Over all length of Channel 167 Km
•     Dredged Channel at Adams Bridge 35Km
•     Dredged Channel at Palk Strait 54 Km
• Maximum Vessel Size     
• Length 215 m,  Breadth 33 m,  Draft
  10 m       

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TOTAL DREDGING

• Segment length
  dredging
• Adams bridge 35 48
• Palk bay 78
  0
• Palk strait 54
  34.5
• Total 167
  82.5

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DREDGING SEGMENT
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Financial Aspect
Agencies Equity( Rs.)
The Central government 4.95 bn
The Tuticorin Port Trust 500 mn
Shipping Corporation of India 500 mn
The Dredging Corporation of India 300 mn
Chennai Port Trust 300 mn
Ennore Port Ltd 300 mn
Visakhapatnam Port Trust 300 mn
Paradip Port Trust 300 mn

• A special purpose vehicle, Sethusamudram
  Corporation, has been set up with a debt-equity
  ratio of 1.51 for the Rs 24.27-bn project.
• The remaining equity of Rs 2.26 bn is to be
  raised through a public issue, with UTI Bank as
  facilitator.

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Advantages

• 1. Saving of upto 30 hours or 424 nautical miles
• 2. Considerable savings to vessels and earnings
  of foreign exchange.
• 3. Beneficial for naval defence
• 4. Increased economic activities like
  transportation, fishing and ancillary industries
• Augmentation of external infrastructure like
  road/rail, water water supply
• A stable system with least maintenance cost

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STAKEHOLDER ANALYSIS

1. The SSCP
2. Gulf of mannar local marine biodiversity
3. Fisher folk families
4. Srilanka
5. Tamil nadu
6. MOFE
7. Vessel operators

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About gulf of mannar

• Some features
• First marine Biosphere Reserve in South East
  Asia, a chain of 20 island
• Home to 3,600 rare Species of flora and fauna
  like fishes, coral reefs, sea horse, algae,
  marine plants
• 2nd highest marine biodiversity on earth
• Assessment not on the basis of USEPA but on a
  rapidly conducted EIA
• Questions about turbidity, land slides, surface
  disposal unanswered
• Imbalance in O2- CO2 ratio
• Threat to Adams bridge

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Environmental Aspect
Some of the flora and fauna of this region
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EFFECT ON FISHER FOLKS

• Among the worst affected, more than one million
  families devoid of their only source of income
• No concrete rehabilitation and employment plan
  arrived at
• A meager budget ( 60 cr.approx.)
• The trauma of Orissa, Bhopal and tsunami still to
  be felt

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ADVERSE EFFECT ON SRILANKA

• Extinction of more than 700 fish verities
• EIA Report prepared without any consultation
• More susceptible to future cyclone and tsunamis
• Disastrous effect on marine life, fisheries,
  virgin beaches in case of an accident
• Indias secret military and nuclear agenda
• Decreased importance of Colombo port (60 revenue
  reduction)

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TAMILNADU..

• Political parties playing hide and seek
• SSCP may lead to large Influx of unemployment
• Devastating effect on marine ecology and
  increased risk of tsunami and cyclone

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ROLE OF MOFE

• 1. The EAI is a bunch of false claims
• ----
  green peace
• 2. EAI a hastily completed report ignoring
  details and some times falsifying
• 3.Major point of misinformation
• Sedimentation dynamics
• Role of cyclone landslides ignored
• Site identification for disposal
• 4. EAI not accordance with UN regulations
• 5. All the stakeholders not involved

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Mixed fortune for ships

• 50 of the resultant saving for them on the
  fuel and chartering cost is going to go by way of
  increased tariff

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THE YAKSHAPRASHNA

• Whether to go for short term financial gains or
  long term ecological balance ?
• Why is the entire process executed under carpets
  ?
• Why not all the stakeholders were invited to
  express their views ?
• Is the EAI report adequate and up to the mark ?
• What is the exact impact on the fragile ecosystem
  ?
• Should the ecological boundaries be treated the
  same way as territorial boundaries ?
• Who will be answerable in case any thing goes
  awry ?

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REFERENCES

• http//www.flonnet.com/index.htm
• http//sethusamudram.tamilar.org/2005/07/sethusamu
  dram-project-india-terms.html
• http//www.climate.lk/sethu/docs/balac001.html
• http//www.tamilinfoservice.com/manitham/environme
  nt/sscp/ir1.htm
• http//www.hindu.com/2004/09/20/stories/2004092001
  701000.htm
• http//www.thehindubusinessline.com/2005/07/02/03h
  dline.htm
• http//envfor.nic.in/icrmn/dist/mannar.html
• http//en.wikipedia.org/wiki/Rama27s_Bridge

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Thank you Presented by Nimish (24) and
Deepak (61)