Review needed

  • 22/02/2001

  • Deccan Herald (Bangalore)

With the arrival of the barge, any hopes of scuttling the Rs 880 crore, 220 MW Taneerbhavi power project near Mangalore have died. The project is now expected to go on line by April. According to the power purchase agreement signed with the company, the cost works out to almost Rs 10 per unit. Activists opposed to the project say that this amounts to paying an absurd Rs 4 crore for 1 MW of power. (Editorial)