May 8, 2013
The UP Rajya Vidyut Upbhokta Parishad petitioned the UP Electricity Regulatory Commission (UPERC) seeking cancellation of license granted to the Spanish company Isolux Corsan for executing the ambitious Rs. 15,000-crore transmission project in the state.
Notably, the company finds itself embroiled in a controversy over proposed installation of conductors, which were not mentioned in the bid documents. The UP Transmission Corporation Limited in 2012 had stated categorically that the conductors the company wants to install under a modified document would lead to heavy line losses. The Corporation had also insisted that the change in the bid specification would amount to inquiry under the central vigilance commission guidelines.
