The state government has failed to start work over the 1000 MW, Pakal Dul hydroelectric power project more than one-and-half year after a consortium of companies had agreed to begin the work on the power plant in J&K.
Last year in February Mumbai based company, Patel Engineering Ltd, in consortium with the Limak Holding of Turkey and the centre owned Bharat Heavy Electricals Ltd (BHEL) had emerged as the lowest bidders for the 1000 MW Pakal Dul hydroelectric project.
The Patel Engineering had quoted the lowest price of Rs.8,904 crore against the bids floated by Chenab Valley Power Projects Ltd (CVPPL), a joint venture between National Hydro Electric Power Corporation (NHPC), Jammu and Kashmir Power Development Corporation (JKPDC) and PTC.
The power project is to be constructed on the Chenab Basin in Kishtwar district and was initially targeted to be completed in 5-years. However top officials in the CVPPL said that price quoted by the Patel Engineering was too high and negotiations with the company were going on.
Sources said even as the process of negotiations were going on with the Patel Engineering, the CVPPL recently wrote a letter to the state government’s revenue department taking a strong note that the `` process of acquisition of land’’ was taking a longer time. Officials said that the CVPPL intends to go ahead with the process to acquire the land for the project before the contract is awarded.
However CVPPL chairman, M Y Khan, said that the work over the Pakal Dul project couldn’t be started as the JV company’s board has not been constituted for the last over 6-months.
“We are waiting for the government to appoint the Joint Managing Director and the two Directors of the JV company so that the decisions over the construction of the power projects could be arrived at. The negotiated price with the Patel Engineers has to be cleared by the board,” he added. Khan said that the Power Secretary earlier remained to be one of the Directors of the JV company, while as the two other Directors have to be nominated by the PDC. He added that the matter over the delay in acquisition of the land for the project has been taken up with the government. “ It is our priority to complete the project at the earliest due to which we have simultaneously acquired the land while the price negotiations are on,” he said.