India Environment Portal | News, reports, documents, blogs, data, analysis on environment & development | India, South Asia
Published on India Environment Portal | News, reports, documents, blogs, data, analysis on environment & development | India, South Asia (http://admin.indiaenvironmentportal.org.in)

Home > News > Arunachal Scraps Power Deal with Jindal Group > Arunachal Scraps Power Deal with Jindal Group

Arunachal Scraps Power Deal with Jindal Group [1]

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.

Publication Date: 
03/05/2013
M Rajshekhar [2]
Economic Times (New Delhi) [3]
Tags:
Arunachal [4], Hydroelectricity [5], Power Industry [6], LANCO Infratech [7], Sikkim [8], Dams/ Irrigation [9]
Centre for Science and Environment
National Knowledge Commission Government of India

Technology Partners: MimirTech


India Environment Portal by Centre for Science and Environment is licensed under a Creative Commons Attribution-Share Alike 2.5 India License.


Source URL: http://admin.indiaenvironmentportal.org.in/news/arunachal-scraps-power-deal-jindal-group

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