Read the decisions by Governor’s SAC
By Knskashmir 21-Jun-2019
The 48 MW Lower Kalnai Hydel Project is a run of the river project in District Doda. The project was awarded on EPC basis in September, 2013 to M/s Coastal projects Pro Limited and was scheduled to be completed in September, 2017. Due to poor progress work and listing of coastal projects in the insolvency list of RBI, the Management a Finance Sub-Committee, recommended termination of the Contract and encashment of PBGs.
The Contract of PMC of Lower Kalnai HEP was awarded to M/S ICCS-Rodic Consultants Consortium which was to be completed within 48 months. In view of poor progress of the main EPC Contract, the PMC was asked to minimize its manpower deployment. Subsequently, the PMC demobilized their staff, handed over the records and formally closed their services in August, 2018.
The SAC accorded sanction to the termination of EPC Contract with M/s Coastal Projects Limited and termination of PMC Contract with M/s ICCS-Rodic Consultants Consortium as per the provisions of the Contract Agreement.
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