L&T reaches pact with project-hit in Uttarakhand

  • 04/05/2009

  • Business Standard (New Delhi)

Shishir Prashant / Dehra Dun May 4, 2009, 0:42 IST Larsen and Toubro (L & T), which is making a foray into the hydroelectricity sector, has reached an agreement to end a standoff over its 60-Mw Singoli-Bhatwari hydel project in the hilly Rudraprayag district of Uttarakhand. The work on the hydel project, which is being built on the river Mandakini, a tributary of the Ganga, had been suspended during the past several months due to prolonged agitation by the local people affected by the dam. They were seeking compensation in lieu of the damage to their houses and other properties due to construction of underground tunnels. Following intervention by Rudraprayag District Magistrate Dilip Jawalkar, the company officials signed the agreement with the locals under which any damage to the life and property would be compensated by L&T.