The government has deployed three public sector hydro power companies to fast-track 12 languishing hydel projects in Arunachal Pradesh, including the 2,000MW Upper Subansiri project, as a strategic response to China's dam-building spree near the northeast border. Three public sector hydel companies - NHPC, SJVN and NEEPCO, a subsidiary of thermal power giant NTPC - signed MoUs with the Arunachal government in Itanagar for taking over the projects with aggregate capacity of 11,517MW.
#Eye #China #PSUs #ArunachalPradesh
https://timesofindia.indiatimes.com/india/eye-on-china-psus-to-put-12-hydel-projects-in-arunachal-pradesh-on-fast-track/articleshow/102686159.cms

Justice Arun Mishra’s Final ‘Gift’ of Rs 8,000 Crore to Adani

On August 31, 2020, a Supreme Court bench headed by Justice Arun Kumar Mishra, that included Justices Vineet Saran and M R Shah, ruled in favour of a company in the Adani group in a dispute with public sector power distribution companies in Rajasthan. The verdict, issued three days before Justice Mishra retired from the court on September 2, has granted Adani Power Rajasthan Limited (APRL) – which owns a 1,320 megawatt capacity thermal power station in Kawai, Baran district – “compensatory tariffs” worth over Rs 5,000 crore and penalties and interest payments of nearly Rs 3,000 crore.

#archives #ArunMishra #AdaniGroup #AdaniPower #APRL #adani #VineetSaran #MRShah #rajasthan #SupremeCourt #IndianJudiciary #GautamAdani #gujarat #CronyCapitalism #PSUs #business #industry #billionaires #india

https://www.newsclick.in/Justice-Arun-Mishra%27s-Final-Gift-of-8000-Crore-to-Adani