{"id":263754,"date":"2019-03-12T06:58:50","date_gmt":"2019-03-12T06:58:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=263754"},"modified":"2019-03-12T06:58:50","modified_gmt":"2019-03-12T06:58:50","slug":"nhpc-to-bid-for-jal-power-corporations-rangit-hydro-project-in-sikkim","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nhpc-to-bid-for-jal-power-corporations-rangit-hydro-project-in-sikkim\/","title":{"rendered":"NHPC to bid for Jal Power Corporation&#8217;s Rangit hydro project in Sikkim"},"content":{"rendered":"<p>Buoyed by the winning bid for Lanco&#8217;s Teesta VI, State-owned NHPC will bid for Jal Power Corporation&#8217;s Rangit hydro project in Sikkim, which is undergoing insolvency proceedings, NHPC Chairman and MD Balraj Joshi said. The Rangit Stage IV 120 MW project is a stressed asset and is undergoing insolvency proceedings in the National Company Law Tribunal (NCLT).<\/p>\n<p>Earlier this month, the CCEA approved NHPC&#8217;s proposed acquisition of Lanco Teesta Hydro Power in Sikkim at a bid out price of Rs 907 crore. The total investment approval for the project is Rs 5,748.04 crore which includes Rs 907 crore bid amount.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buoyed by the winning bid for Lanco&#8217;s Teesta VI, State-owned NHPC will bid for Jal Power Corporation&#8217;s Rangit hydro project in Sikkim, which is undergoing insolvency proceedings, NHPC Chairman and MD Balraj Joshi said. The Rangit Stage IV 120 MW project is a stressed asset and is undergoing insolvency proceedings in the National Company Law Tribunal (NCLT). Earlier this month, the CCEA approved NHPC&#8217;s proposed acquisition of Lanco Teesta Hydro Power in Sikkim at a bid out price of Rs 907 crore. The total investment approval for the project is Rs 5,748.04 crore which includes Rs 907 crore bid amount.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,244,144],"tags":[],"class_list":["post-263754","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=263754"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/263754\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=263754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=263754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=263754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}