Supreme Court rejects L&T’s petition on Sharavati power project tender

The Supreme Court has dismissed Larsen & Toubro Ltd’s (L&T) plea challenging the short-term tender issued for the Rs 8,000 crore Sharavathi power project in Karnataka.

A bench of Chief Justice DY Chandrachud and Justices JB Pardiwala and Manoj Mishra upheld the Karnataka High Court’s April 25 order, which had banned engineering and construction company L&T against the tender floated by Karnataka Power Corporation Limited (KPCL). The petition was rejected.

The Supreme Court bench said, we are not inclined to entertain the special leave petition under Article 136 of the Constitution. On this basis the special leave petition is dismissed. L&T had said in its appeal that the tender process for the power project was conducted in an arbitrary, distorted and unfair manner.

The Karnataka High Court, while rejecting his appeal, had said, electro-mechanical and hydro-mechanical work are an integral part of the project but the petitioner, being only a civil contractor, was not eligible to do the work unless a specialized agency was found. It could not show any specialist agency as its partner.

This project has been awarded to infrastructure company Megha Engineering and Infrastructure (MEIL). The company said on Monday that it has received this project of 2,000 MW capacity.

Sharavati River is an important source of hydroelectric power in Karnataka. With a total power generation capacity of 2,000 MW, it will be the largest pumped storage power generation unit in the country.

Disclaimer: CricketInFocus has not edited this news. This news has been published from PTI-language feed.



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