HCC's Lavasa Gets Conditional Green Nod

<?xml version="1.0" encoding="UTF-8"?><root available-locales="en_US," default-locale="en_US"><static-content language-id="en_US"><![CDATA[<p>Environment ministry on Wednesday gave conditional clearance to a $31-billion hillside township being developed by Hindustan Construction Co's unit Lavasa Corp, the ministry said in a letter posted on its website.<br><br>The long-running dispute is one of many high-profile clashes over land acquisition between big business and authorities in the rapidly-developing economy.<br><br>The ministry of environment and forests declined to give approval to the township last month, saying it had not complied with conditions specified by a ministerial panel probing the project's violation of green rules.<br><br>(Reuters)</p>