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Reliance again petitions court over Brakel allotment

December 16, 2008 · Filed Under Reliance Energy · Comment 

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With the Himachal government having decided to go ahead with signing of an implementation agreement for execution of a 960 MW project to Brakel Corporation NV, a Dutch company; Reliance Energy, a rival for the project has petitioned the court a second time, saying that agreement terms stand violated.

Overcoming serious differences about allotting the mega hydropower to an upstart company, the Himachal cabinet last month finally gave its nod for continuing with the agreements for the Jhangi-Thopan-Powari project on Satluj River with Brakel.
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