Project allotment: Nishank hits back at Cong
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Last Updated: Wednesday, March 10, 2010, 21:25
  
Dehra Dun: Amid raging controversy over allotment of hydropower projects to private players, Chief Minister R P Nishank today hit back at the opposition saying the previous Congress government had awarded projects without any premium causing Rs 405 crore loss to the exchequer.

The Congress government alloted power projects without inviting competitive bids and power policy and interests of the state were ignored, Nishank said in a statement here.

During undivided Uttar Pradesh, 34 projects including 400 MW Vishnuprayag and 330 MW Srinagar project were allotted for which the previous Congress government signed the revised implementation agreement without making any provision for electricity to the state in addition to the 12 per cent free power to the home state, he said.

The Congress government also allotted projects with a capacity of 8101 MW in 2003-04 to central public sector undertakings without charging any premium from them, the CM said, adding they were asked to provide only 12 per cent free power to the home state and they were given authority to sell the rest of power.

-PTI


First Published: Wednesday, March 10, 2010, 21:25


Tag: NishankPower
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