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Friday, July 9, 1999

Briefing 

 
NTPC not to take over NJPC project

In defiance of power ministry's directive, NTPC has declined to take over Rs 6,000 crore Naptha Jakhri Hydro Power project in Himachal Pradesh on grounds of manpower problems. The power ministry had asked NTPC to take over the 1500mw hydro power project due to the resource constraints being faced by the Naptha Jakhri Hydro Power Corporation (NJPC) in funding this mega power project, a top official in the power ministry said. Though NTPC has conveyed its unwillingness to take over the project being executed by NJPC, which is facing acute resource crunch, the power ministry is still persuading the cash-rich navratna corporation to change its mind.

Negotiations on for development of Gopalpur port

The Orissa government is negotiating with Sea King Infrastructure Ltd, for the development of Gopalpur port after the foreign consortium chosen for the implementation of the project backed out, minister of state for commerce, Nabin Chandra Narayan Das informed theassembly on Thursday.

Replying during question hour, Das said the Singapore-Gopalpur Port Consortium (SGPC) had withdrawn from the project. he government, after discussion with the RITES, it technical consultant, was examining the port development model at Pipavav in Gujarat, he said. t present, Sea King, a shareholder of Pipavav port and Adani Exports Ltd, Ahmedabad and associated with Gujarat's Mundra port, were discussing with the government.

Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.


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