Cancellation of Allotment of Thoniar Small Hydropower Project (2.6 MW) to M/s CIAL Infrastructures Limited ...

Summary

The Government of Kerala has cancelled the allotment of the 2.6 MW Thoniyar Small Hydroelectric Project previously granted to M/s Siyal Infrastructures Limited. Consequently, the government has ordered the refund of 75% of the upfront premium amount paid by the company, amounting to ₹29,46,667, after deducting the remaining 25% as per the implementation agreement.

Key points

• Cancellation of the 2.6 MW Thoniyar Small Hydroelectric Project allotment.
• The project was originally allotted to M/s Siyal Infrastructures Limited.
• Government approved the refund of 75% of the upfront premium paid by the company.
• The refund amount is ₹29,46,667.
• The decision follows the inability of the company to proceed with land acquisition for the project.

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