Congress making allegations out of frustration: Nishank

Says not a single out of the total 56 self-identified mini hydroprojects has been alloted so far even as Cong alleges corruption

sarthak

Sarthak Ray | June 3, 2010



Accusing the Congress of misleading the people over allotment of hydropower projects in Uttarakhand, chief minister Ramesh Pokhariyal Nishank today said that the applications are being scrutinised and objections raised on them being examined.

He said the Congress' charges stem out of frustration as his government has launched various development projects in the state.

Nishank claimed that not a single out of the total 56 self-identified mini hydroprojects has been alloted so far.

"The applications are being scrutinised, the objections raised on them are being examined and final allotment is yet to be made," he said.

The chief minister said the government would sign purchase agreements with companies which would give the state the first right to buy power produced from the projects.

The Congress had alloted hydropower projects without any policy and did not take any premium from the developers which cost the state exchequer heavily, he said, adding that his government has fixed a premium of Rs 5 lakh per MW which would fetch crores of rupees for the state.

He said his government has launched various projects in the fields of infrastructure, tourism, education and health, which is the reason why the Congress is frustrated.

During the past 3 years, the BJP government has constructed 3309 km of roads and 72 bridges every year. 308 MW of power has been produced and industrial investments worth Rs 7058 crores every year have been made, Nishank said.

He said the allotment of the hydropower projects is being done as per the policy declared by the previous B C Khanduri government, adding that the Congress should not raise such controversies as it could discourage big industrialists from coming to Uttarakhand.
 

Comments

 

Other News

From one cow to a dairy business

In 2012, Anita Dash wasn`t dreaming of building a dairy brand. She wasn`t studying business models or planning market expansion. Like countless mothers across India, her focus was on something much simpler: giving her children a better future.   At the time, her most valuable

Ethanol blending: The two sides of a story

India`s crude oil consumption is estimated to be around 88.5% imported from abroad. This one single figure is also responsible for why ethanol has become both an economic strategy and fuel policy at the same time. In an economy like India, which depends so heavily on foreign oil, any increase in internat

Food inflation: Not a macroeconomic statistic but a developmental indicator

India`s retail inflation shows a reassuring picture at first glance. According to the latest data, Consumer Price Index (CPI) inflation edged up to 4.38% in June 2026 from 3.93% in May 2026, but continued to remain within the Reserve Bank of India`s (RBI) target band of 4% (+/- 2%). However, beneath this

Skin in the game or masterful market timing?

When a company founder opens their personal chequebook to buy shares in their own business, stock markets usually applaud. To the average retail investor, it feels like the ultimate vote of confidence, a sign that the people running the show have real skin in the game and believe brighter days are ahead.

India’s freedom struggle was shaped by wider Asian political thought

As we mark 80th anniversary of independence, ‘Asianism and the Fall of Empire’ (HarperCollins India) by historian Mithi Mukherjee offers a new perspective on Ind

What is colonialism? A relook at modern history

The Chromatic World Order: The Fiction That Rules Our World  By Sajid Mohamed Aakar Books  

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter