The court’s constitutional bench, on May 7, scrapped the six writ petitions registered against extension of the deadline given to GMR to conclude financial closure.
With the argument that GMR Energy would sell 500 MW power to Bangladesh, a two year license extension has been given. Upper Karnali is in West Nepal and to transfer this 500 MW through India’s Northern then Eastern Grids into Bangladesh is quite a troublesome ‘wheeling task’.