Punjab Newsline, Shimla, November 19-
While interacting with media persons here today, CM Sukhvinder Singh Sukhu said that the State Government would file an appeal against the decision of the High Court of Himachal Pradesh in which orders were passed to attach Himachal Bhawan at New Delhi.
He said that the State Government would advocate this case vigorously to protect the interests of the State.He said that the project was awarded to the company in 2009 and according to the then Power Policy, there was no provision to refund the upfront premium paid to the State Government, irrespective of whether a company succeeds in setting up the power project or not.
He said that under the then energy Policy there was a provision to pay Rs. 10 lakh per MW to the State but during the competitive bidding M/s Moser Bear project private limited quoted Rs. 20 lakh per megawatt and deposited an upfront premium amounting to Rs. 64 crore. He said that he was aware of the provision of this policy because it was framed when Smt. Vidya Stokes was the Power Minister and me as MLA at that time contributed in framing this policy.