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Sikkim govt to review decision to scrap hydel projects

GANGTOK: The Pawan Kumar Chamling Government in Sikkim has decided to review its decision to scrap 11 hydel power projects in a bid to mollify the private developers one of whom has moved the High Court challenging termination of its project in East district. The Chief Minister, who also holds Power and Energy portfolio, would himself review the scrapping of 11 hydel projects and take appropriate decision in this regard, Power and Energy Department Secretary Pema Wangchen said. Asked whether the private developers would get back their individual projects for execution, Wangchen said it was for the chief minister to decide on it. Sources, however, said that the state government had been rattled by the private developers' threat to take the matter of termination of their projects to the Court for adjudication and so decided to return the scrapped projects to the individual developers for execution. One of the developers - Madhya Bharat Power Corporation Ltd - whose project at Rongnic...

Sikkim govt scraps three more hydel projects

GANGTOK: After discarding four hydel projects in March, the Sikkim government has scrapped three more such projects in the state accusing private developers of delaying execution of their contracts, a top government official said on Thursday. "It has been decided to terminate the contract of three hydel projects, Sada-Mangder (71 mw) in West and South districts, Bhasmey (51 mw) in East district and Rongnichu (96 mw) in East district, due to the failure of the private developers to execute these projects on schedule," Power and Energy Department Secretary Pema Wangchen said. The private developers, Gati Investments Ltd and Madhya Bharat Power Corporation Ltd, have been duly informed about the state government's decision to terminate the contract of the three power projects on grounds of delay in work execution, which, he said, had caused financial losses to the state exchequer. The Sada-Mangder and Bhasmey hydel projects were awarded to Gati Investments Ltd in No...