Tag: project

[Financial Express]Kishanganga hydro-electric project: SC dismisses HCC plea against NHPC invoking bank guarantee

[Financial Express]Kishanganga hydro-electric project: SC dismisses HCC plea against NHPC invoking bank guarantee

While rejecting HCC’s appeal, a Bench led by Justice R Nariman said, “the contract speaks of final completion” and the company is yet to finish the project.The Supreme Court has dismissed Hindustan Construction Company’s (HCC’s) appeal seeking to restrain public sector undertaking National Hydro-Electric Power Corporation (NHPC) from invoking/encashing ...

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