Shimla, March 17 (IANS) Himachal Pradesh is virtually feeling powerless in re-allotting a multi-million dollar hydropower project that is under litigation with Reliance Infrastructure.
Official sources said on Tuesday there were no takers for the 960-MW Thopan-Powari-Jangi project in Kinnaur district since the last November.
"Lone bidder Flex Industries submitted both technical and financial bids on the last date (March 16) and too withdrew from the race the next day," an official of the state's directorate of energy told IANS.
"The government has now extended the bidding date till April 16," directorate of energy chief engineer S.P. Gupta told IANS that a number of companies came for the bidding on the last date but only one participated. This is the fifth extension for the project bidding.
The Thopan-Powari-Jangi hydropower project, one of the most viable ones, requires an investment of over Rs.7,000 crore and aims to generate 4,000 million units per year. It requires at least nine years for the project to go on stream.
The project was earlier allotted to Netherlands-based Brakel Corp in 2008. It later included Adani Power as a consortium partner in the project.
But the Himachal Pradesh High Court annulled it Oct 7, 2009, on a plea by Reliance Infra, one of the bidders. Brakel moved the Supreme Court but withdrew to pursue remedies suggested by the apex court in its order April 1 last year.
Reliance Infra's petition challenging the state's decision not to allot the project to it is pending in the apex court. The high court wanted the state government to take a "fresh decision as to whether it wants to re-advertise the project or wants to act on the basis of the old tender".
Estimates of record electricity demand in summer, demand may go up to 2.29 lakh MW
With the growth of the manufacturing and service sector, the electricity demand is increasing con
South Africa defeated India by three wickets. In a thrilling Women's World Cup match played in Vi
Buy Samsung Galaxy F62 for the first time in the sale, these great offers are available on the phone
Smartphone company Samsung recently launched the new phone Samsung Galaxy F62 in the Indian marke
Shahrukh Khan's son Aryan Khan has been in controversy ever since he was caught in the Cordelia C
Farmers Protest: UP farmers move towards Parliament, jam on Delhi-Noida border; Section 144 applied
Farmers who were protesting at the gate of Noida Authority regarding compensation-related demands
Bomb Threat: Threat to bomb three schools and one college in Delhi, fire brigade and police team present on the spot
Once again, schools and colleges in Delhi have received bomb threats. Earlier too, many schools in D
Defense Minister Rajnath Singh met Army and Assam Rifles personnel in Imphal today. During this,
Prime Minister Narendra Modi wrote a blog about the Maha Kumbh held in Prayagraj. He termed this
AstraZeneca's claim even after the Oxford vaccine's trials stop - this year the vaccine will come
A group of experts have started investigating the health of a Volunteer during clinical trials of
Astronaut Shubhanshu Shukla, who returned to Earth after an 18-day mission on the International S
