Article: India: Crisis in Nepal may affect plans of Indian power generation firms.

Byline: shiv03

The political turmoil in Nepal may hurt the ambitious plans of Indian power generation firms such as Satluj Jal Vidyut Nigam Ltd, or SJVNL, Bhilwara Energy Ltd, or BEL, and GMR Infrastructure Ltd, to set up hydroelectric projects with a combined capacity of 1,124MW in that country.

We are very closely monitoring the situation. However, the existing structure available today do not guarantee the safety of Indian assets or personnel here. One violent incident and the entire situation will erupt, said an Indian government official posted in Nepal. He didn t want to be named.

Gloomy outlook: A 5 May photo of an anti-India protest ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!