Despite spending Rs 60 cr in 5 yrs, CVPP yet to award projects

The Chenab Valley Power Projects (CVPP) is yet to award any of the three proposed projects for construction despite spending over Rs 60 crore on salaries and other office expenditures in the past five years. The CVPP even cancelled the tenders last week, invited in 2011 for the construction of the 1000 MW Pakal Dul hydroelectric power project on Marusadar, a tributary of the Chenab in Kishtwar district. A CVPP official said in the past five years, the company had spent over Rs 60 crore on office expenditures while there…

Read More