Lanco Teesta Hydro Power

The project was under restoration following the glacial outburst in October last year, which had caused significant damage

Larger questions have also emerged on the ecological sensitivity of the glacial regions around Sikkim, their susceptibility to extreme weather events, rapid infra creation and lack of climate adaptati

The project will supply power at a levelised tariff of Rs 4.07 per unit and is likely to be completed in the next four years

The company has also put in an expression of interest for Jal Power, another insolvent hydropower unit with a capacity of 120 Mw in Sikkim

The company failed to repay project loan dues of about Rs 3.13 billion to ICICI bank after the 500 Mw hydropower project remained unfinished due to various delays