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Jaypee Likely to Get Show Cause Notice Over Karcham Wangtoo Project

New Delhi: The Central Electricity Authority is likely to seek explanation from Jaiprakash Power Ventures Ltd (JPVL) for alleged violations with regard to its Karcham Wangtoo hydroelectric project in Himachal Pradesh.

JPVL, part of Jaypee Group, is operating the 1,000 MW project.

CEA is likely to issue show cause notice to JPVL for alleged violations with respect to techno-economic clearance granted to Karcham Wangtoo plant, sources said.

It is alleged that the techno-economic clearance was given for 1,000 MW while the plant is running at 1,200 MW generation capacity, they added.

The Central Electricity Authority (CEA) is the apex planning body for the domestic power sector.

The Karcham Wangtoo plant is among the three hydro power projects that are to be sold by Jaypee group to Reliance Power in a Rs 12,000-crore deal.

Meanwhile, the Central Electricity Regulatory Commission (CERC) has asked JPVL to expedite filing of tariff petition for the Karcham Wangtoo hydro project. (Read more)

The direction from electricity watchdog CERC came after the utility sought withdrawal of provisional tariff petition related to the plant.