HP hydel project under I-T scanner
The Income-Tax department's investigation wing has told the Himachal Pradesh government that it may have awarded two hydel projects worth Rs 6,500 crore in Kinnaur dstrict to a ghost company which took funding from an Adani group firm. In a report to principal secretary (power), the Shimla office of the I-T department has questioned the antecedent of Brakel Kinnaur Power (P) Ltd and doubted the ability of the company's alleged parent, Brakel Corporation NV, to handle the Jangi Thopan and Thopan Jowari projects.