Government in furtherance of the objectives for which the Corporation is established.

(1) The Corporation shall have the power to accord administrative approval, revised administrative approval, technical sanction, accept all tenders, sanction budget and make financial provisions, settle disputes arising out of contracts and do any other things which may be necessary or expedient for the purpose of carrying out its functions under this Act. (2) without prejudice to the generality of the foregoing provisions such power shall include the power,- (a) to acquire and hold property, both movable and immovable as the Corporation may deem necessary for the performance of any of its functions, duties and activities and to lease, sell, exchange or otherwise transfer any property held by it on such conditions as may be deemed proper by the Corporation; (b) to take measures for protection of environment, maintenance of ecological balance and prevention of pollution in carrying on its activities; (c) to engage suitable consultants or persons having special knowledge or skill to assist the Corporation in the performance of its functions; and (d) to do all such other things and perform such acts as may be necessary for or incidental or conducive to any matters which are necessary for furtherance of the objectives for which the Corporation is established.