the Chhattisgarh government is dragging its feet on recommendations of the state Public Accounts Committee (pac) in the Sheonath river water supply deal in Chhattisgarh's Rajnandgaon district.

The Chhattisgarh government handed over a stretch of the Sheonath river to a private company to manage water distribution without setting up independent regulatory authorities that could establish guidelines under which a private firm could manage a common resource. A long lease without a regulatory mechanism can lead to unforeseen circumstances.

THE Lanco Group will invest . 3000 crore to set up a solar photovoltaic manufacturing unit with an annual capacity of 250 MW for local sales and exports to Europe and USA, a company official said.

The plant, at Rajnandgaon district in Chhattisgarh, would be set up in two phases by Lanco Solar , a special purpose vehicle of Lanco Infratech.