The Himachal Pradesh Government has agreed to allot the 960-MW Jhangi-Thopan-Powari Hydel power project to Anil Ambani’s Reliance Infrastructure Ltd, an official statement said.
The decision was taken in a Cabinet meeting of the State Government held on Wednesday. It was also decided that if Reliance Infrastructure does not accept the offer, the project will be advertised for a fresh round of bidding, said the statement from the Himachal Pradesh Government.
The project has been delayed several times as bidding deadlines were consistently extended since November 5, 2014. This was primarily due to the Himachal Pradesh Government seeking a high premium.
Meanwhile, the Himachal Pradesh Government also approved the allotment of 217 mini and micro hydel projects.