Government yet to receive report on Lanco-NTPC bidding fraud, says Farooq Abdullah
Rakesh Kumar Kubde
February 29th, 2012

Union Minister for New and Renewable Energy, Farooq Abdullah said the government was yet to receive the probe report into the alleged Lanco-NTPC bidding fraud in which rules were reportedly flouted in bagging projects under the National Solar Mission.

“The inquiry is already going on. That (the report) hasn’t come yet. We have given one month for it. They are looking into it,” he said on the sidelines of a conference here.

The government had ordered an inquiry on February one into allegations by a research and advocacy group– Centre for Science and Environment (CSE)– that rules were flouted in granting the project.

“Investigations have revealed that these guidelines were blatantly flouted by Lanco Infratech. This company floated front companies and grabbed no less than nine projects worth 235 MW.” the CSE report had alleged.

The charge, however, has been refuted by the diversified group.

NTPC Vidyut Vyapar Nigam Ltd (NVVN), a unit of state-run NTPC Ltd, is the nodal agency for awarding projects.

Speaking at the conference ‘Solar India’ by industry body Assocham, Farooq emphasised on the need for securing non-conventional energy to meet with the growing energy demands in the country.

“There is a need for ‘Indianisation’ of energy, to build our energy capacity.

“The energy requirements of the country is going to grow every year and to meet the demands, we need to harness renewable energy even greater,” Abdullah said.
Source: ET


Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>



Lost Password


Please contact the administrator.