
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".
The Directorate of Foreign Trade (DGFT) has taken a big decision on the rigging in the export of
In the 64th match of IPL 2024, Delhi Capitals defeated Lucknow Super Giants by 19 runs. Rajasthan
Pollution persists in the capital due to local factors. With slow wind speeds, the air quality re
MS Dhoni: Defamation case filed against MS Dhoni, case to be heard in Delhi High Court on January 29
The Delhi High Court has adjourned till January 29 the hearing in the defamation case filed again
These days there is a controversy going on in India regarding changing the name of the country. P
China, who was shocked by Taiwan and Pentagon relations, said- will control Taiwan if needed
China strongly criticized the visit to Taiwan by a senior Pentagon official and confirmed that Ta
Doorstep delivery of ration will begin in Delhi without name? Cabinet approves 'AAP' government
The Delhi cabinet has decided to introduce the doorstep delivery of Ration without any name. The
Search on for missing Navy personnel
Panaji, March 26 (IANS) The search is still on for two Indian Navy personnel who went missing a
Nothing's sub-brand CMF has unveiled the new CMF Clip Pro earbuds, grabbing attention with their
Today is considered to be a very important day in the politics of Maharashtra. After a long time,