But co claims it gave up equity in state-owned holding firm for hydel projects on its own
Arunachal Pradesh, the epicentre of hydel power in India, has decided to reverse its contentious decision in 2009 to give 49% equity in its hydro-power corporation to the Naveen Jindal Group. The decision, taken last month, came after a backlash from government departments and other companies having hydel projects in the state against the joint venture, which was a departure from precedent as it effectively gave the Naveen Jindal Group a stake in every upcoming hydel project in Arunachal.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/arunachal-scraps-power-deal-jindal-group
[2] http://admin.indiaenvironmentportal.org.in/category/author/m-rajshekhar-0
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/economic-times-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/arunachal
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hydroelectricity
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/power-industry
[7] http://admin.indiaenvironmentportal.org.in/thesaurus/lanco-infratech
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/sikkim
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/dams-irrigation
