Online edition of India's National Newspaper
Sunday, May 04, 2008
ePaper | Mobile/PDA Version
Google



National
Nxg

News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Business | Sport | Miscellaneous | Engagements |
Advts:
Retail Plus | Classifieds | Jobs | Obituary |



National Printer Friendly Page   Send this Article to a Friend

Probe Sasan power project award: CVC

Sujay Mehdudia

NEW DELHI: The controversial 4,000-MW Sasan ultra mega project of Reliance Power Ltd. continues to be in the news for all the wrong reasons. An inquiry, instituted at the instance of the Central Vigilance Commission, has recommended that the consultants be debarred for the “bidding fiasco” and that subsequent events which led to the final award of the project be probed.

Officials in the Power Ministry acknowledged that they had received the inquiry report from the PFC and action was under study.

Not only the role of the consultants has come under fire but questions have also been raised over certain PFC officials overlooking norms to award the project to the Lanco Infotech consortium and then to the L2 party. On its part, Lanco Infotech said it did do no wrong and in no manner did it fudge or hide facts during the bid.

Bidding process

The Ministry started looking into the bidding process after the CVC raised questions. Lanco Infratech Ltd, original winning bidder for the Rs. 20,000-crore project, was disqualified and thereafter Anil Ambani’s Reliance Energy, now rechristened Reliance Power, given a chance to match the winning bid.

The CVC specifically asked for a review of the role played by the private consultants, various committees and the Sasan Power Limited Board.

Printer friendly page  
Send this article to Friends by E-Mail



National

News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Business | Sport | Miscellaneous | Engagements |
Advts:
Retail Plus | Classifieds | Jobs | Obituary | Updates: Breaking News |


News Update


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | Publications | eBooks | Images | Home |

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu