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Uttarakhand hydel projects in troubled waters

Uttarakhand hydel projects in troubled waters

The massive flood in Uttarakhand has not only affected the lives of common men in the state, but also the business of several companies. For example, companies that are setting up various projects in the state are facing tremendous risk. Companies like L&T Hydro, Lanco Group and UJVN, that are setting up a series of hydel projects in the Rudraprayag area, may be badly affected

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SJVN plans power projects worth Rs 9.8 bn in FY14

SJVN plans power projects worth Rs 9.8 bn in FY14

RP Singh, Chairman of SJVN informed that the firm may invest about Rs 986 crore on several projects, including wind and thermal during 2013-14 compared to Rs 796 crore invested in the previous fiscal. Singh informed this during a conference call with analysts. Most of the Rs 796 crore spent last year went to its 412 mw Rampur hydro electric project in Himachal Prad