PFC acquires 23% in Shree Maheshwar Hydel Power CorpAccordingly PFC had served pledge invocation notice dated May 19, 2015 and conversion notice dated December 18, 2015 and May 27, 2016 on SH...
Delayed hydel projects facing cost overruns of at least 25%Data from the Central Electricity Authority shows the cost has risen from Rs 69,333 crore to Rs 86,683 because of the delay.
Most hydel power projects delayed by years leading to cost overrunsOnly 7 hydel projects out of 48 are delayed. Of these, most are delayed by over 5 years while others are delayed by a year or two.