JAMMU: The State Government today said it was exploring the options for execution of 93 MW new Ganderbal Hydroelectric Project after the successful bidder, Hindustan Construction Company (HCC), failed to meet the formalities.
The Minister of State for Power, Asiea Naqash, in the House said the project was appraised by the Central Environment Authority (CEA) in November 2012 and put to tender on July 18, 2011 for implementation through competitive bidding system.
The HCC had emerged as a successful bidder with an evaluated quoted cost of Rs 820.77 crore with an additional rebate of Rs 1.59 crore on evaluated quoted cost. (AGENCIES)
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