Looking to put back on track three stalled power projects in Sikkim, the Centre this week will meet officials of the state government and PSUs to resolve issues hampering implementation of the proposed plants. The three stalled plants – Panan, Teesta VI and Rangit IV – in Sikkim have total generation capacity of 920 Mw.

“Power ministry has called a meeting this week with top officials of Sikkim and PSUs like NHPC to resolve the key issues plaguing implementation of Panan, Teesta VI and Rangit IV power projects,” a senior official told PTI. “Centre has already shown its intent to complete these projects. The three projects have been awarded to private developers. Thus government would have to either incentivise these players or cancel their contracts after paying compensation for their investments,” the official added.

http://www.business-standard.com/article/pti-stories/govt-to-fastrack-implementation-of-3-hydro-plants-in-sikkim-116031300114_1.html

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