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Home > News > WB-blacklisted firm bags mega project > WB-blacklisted firm bags mega project

WB-blacklisted firm bags mega project [1]

In the first week of December 2012, the state government awarded a Rs 2,184-crore gas-based electricity project to Alstom, Switzerland. The company will set up the facility at Bidadi. The company will be responsible for the engineering, procurement and construction of the 700-mw project.

But it is ironical that the company has been debarred by the World Bank. On February 22, 2012, the World Bank had said: “The World Bank group today announced the debarment of Alstom Hydro France and Alstom Network Schweiz AG (Switzerland)—in addition to their affiliates—for a period of three years following Alstom’s acknowledgment of misconduct in relation to a bank-financed hydropower project.”

Publication Date: 
05/01/2013
Chethan Kumar [2]
Deccan Herald (Bangalore) [3]
Tags:
Karnataka [4], Electricity [5], Hydroelectricity [6], World Bank [7], Bharat Heavy Electricals Ltd. (BHEL) [8], Power Industry [9], Energy [10]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/wb-blacklisted-firm-bags-mega-project

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/wb-blacklisted-firm-bags-mega-project
[2] http://admin.indiaenvironmentportal.org.in/category/author/chethan-kumar
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/deccan-herald-bangalore
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/karnataka
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/electricity
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hydroelectricity
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/world-bank
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bharat-heavy-electricals-ltd-bhel
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/power-industry
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy