Cogentrix to be told about counter cover by next week

  • 16/12/1999

  • Business Standard (New Delhi)

The Government yesterday declared in the Lok Sabha it would inform by next week US major Cogentrix and Hong Kong-based China Light and Power Company, promoters of the 1,013 mw Mangalore power project, about its decision on providing crucial counter-guarantee and said it was keen to go ahead with the fast-track project.