L&T loses legal battle against KPCL over Sharavathi pumped storage project in Karnataka
India, April 29 -- Engineering giant alleged tender process for Rs 8,300 crore project was rushed; project major part of Karnataka's plan for energy security
Engineering giant Larsen & Toubro (L&T) has lost a legal battle against Karnataka Power Corporation Ltd (KPCL), with the Karnataka High Court ruling in favour of KPCL regarding the tender process for the Rs 8,300 crore Sharavathi Pumped Storage Power Project. L&T, which did not participate in the tender, raised objections, alleging that the process was conducted with undue haste.
This project is part of KPCL's efforts to address Karnataka's electricity shortage. Down To Earth previously reported that the tendering process for the pumped storage was initiated on February 2, 2024 and...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.