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'84 rules changed': Cong accuses Uttarakhand CM of handing power project meant for PSUs to Adani
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....84 rules changed': Cong accuses Uttarakhand CM of handing power project meant for PSUs to Adani<BR>Corp. Laws / SEBI / IBC<BR>Dated:- 17-9-2026<BR>PTI<BR>New Delhi, Sep 17 (PTI) The Congress on Thursday alleged that a thermal power project originally conceived for public sector undertakings was "diverted, redesigned and delivered on a platter" to businessman Gautam Adani by the Uttarakhand governm....
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....ent, and said the BJP will get a befitting answer for its creation of a monopoly in the upcoming assembly elections. The opposition party asked why did the BJP government kill its own UJVN-THDC project only to create a 1,320 MW opportunity that perfectly fits Adani's Korba plant, and why 84 tender conditions were rewritten. There was no immediate reaction from the Uttarakhand and central gov....
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....ernments, the Adani group, as well as the BJP, on the Congress' allegations. Congress general secretary (communications) Jairam Ramesh said, "If Modani wants it, nothing is impossible! Across BJP-ruled states in the country, an open loot of the people's rights is underway to benefit Prime Minister Narendra Modi's capitalist friend Adani. A fresh example of this has emerged in Uttarakhand." "T....
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....o buy electricity for 25 years from Adani's power plant in Chhattisgarh, the Uttarakhand BJP government scrapped the proposed joint public sector project of government enterprises UJVN and THDC and changed 84 out of 86 conditions in the new tender," he alleged on X. "We believe that this case of creating a monopoly for Adani under the 'Modani Model' by sidelining rules, laws, and the interests ....
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....of the people is objectionable and highly condemnable. The people of Uttarakhand are watching everything, and the BJP will definitely get an answer for this in the upcoming assembly elections," Ramesh said in his post in Hindi. Congress' media and publicity department head Pawan Khera said PSU here stands for "Pushkar Selling Uttarakhand". "Just like the T-20 cricket team, BJP has a 420 team....
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..... This BJP team changed 84 out of 86 rules, then, based on these changed rules, the tender process was altered and the work was handed over to Adani," he said at a press conference here. In his statement, Khera said, "PM Modi's Modani model has now colonised the hill state of Uttarakhand, where a thermal power project originally conceived for state and Central public sector undertakings has bee....
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....n ruthlessly diverted, redesigned and allegedly delivered on a platter to his 'Param Mitr' Gautam Adani, at a staggering estimated cost of Rs 1.6 lakh crore to the people of Uttarakhand over the next 25 years." This is a textbook case of a state government first killing its own public sector project and then rewriting every single rule of a competitive tender until it fits, almost to the exact me....
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....gawatt, an Adani plant that already existed a thousand kilometres away in Chhattisgarh, Khera alleged. "This is a heist executed in broad daylight, with the rulebook itself as the weapon. A public sector project, a UJVN-THDC joint venture to build power capacity inside Uttarakhand, was murdered within months, the moment Adani Power happened to acquire a distressed plant a thousand kilometres aw....
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....ay in Chhattisgarh," he said. What followed next is now a familiar and nauseating pattern under BJP rule -- a tender magically emerges for almost the exact same 1,320 MW capacity, and then, modification by modification, the rulebook is reportedly rewritten until the entire competitive process collapsed into a single name, Adani, he claimed. In 2024, Chief Minister Pushkar Singh Dhami formall....
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....y told the Union Coal and Mines Minister that Uttarakhand's proposed thermal power plant would be built through a joint venture of UJVN Ltd and THDC India Ltd, not a private developer, and this was approved in principle by the Union Government in July 2024. "Barely six months later, on 16 January 2025, the state government abruptly abandoned this public sector project, citing timeline concerns,....
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.... even though the UJVN-THDC joint venture had been incorporated less than a year earlier and had published a roadmap to double Uttarakhand's power capacity within eight years," Khera said. This abandonment came suspiciously close on the heels of Adani Power acquiring Lanco Amarkantak Power Ltd in Chhattisgarh through NCLT insolvency proceedings on 21 August 2024, an acquisition that included a r....
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....eady-made, under-construction 1,320 MW expansion at Korba, a capacity figure that would soon become eerily identical to Uttarakhand's own tender, he said. Posing questions on the part of Congress, the Congress leader asked why did the BJP Government kill its own UJVN–THDC project only to create a 1,320 MW opportunity that perfectly fits Adani’s Korba plant. "Why were 84 tender condition....
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....s rewritten — was the tender designed for competition, or designed for Adani? Why was the plant allowed to be located anywhere in India while Uttarakhand’s people were made to bear the cost of transmitting Adani’s power 1,000 kilometres?" he said. "Why was the fixed-charge ceiling increased to 75% — is the BJP Government guaranteeing electricity to Uttarakhand or guaranteed income to A....
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....dani for 25 years?Why should the people of Uttarakhand pay nearly Rs 1.6 lakh crore over 25 years for a project whose tender conditions were repeatedly changed to fit one corporate group?" he said. How many rules will the BJP government bend, how many public-sector projects will it kill, and how many public resources will it hand over before PM Modi admits that the "Modani model" is the real p....
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....olicy of his government, Khera asked. PTI ASK ZMN =============<BR> News - Press release - PIB....