The Himachal Pradesh government has claimed R1,365 crore in damages from Brakel Corporation of Netherlands for the delay in execution of the 980-mw Jangi Thopan Powari hydroelectric project. The private developer had bagged the project by quoting the highest upfront premium payment to the state in an auction held in 2005.
Meanwhile, sources said the state cabinet in its meeting on April 23 decided to invite fresh bids for the project rather than award it to the second highest bidder, Reliance Infrastructure.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/himachal-seeks-r1365-cr-compensation-delay-hydroelectric-project
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/himachal-pradesh
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/kinnaur
[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/category/thesaurus/compensation
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/dams-irrigation
