99.4 megawatt Tamakoshi V project construction bids cancelled

Two companies from China—Sinohydro Corporation and Gezhouba Group Corporation—were the final shortlisted companies when the technical bids opened on February 28.

Tamakoshi Jal Vidhyut Company cancelled the bids for the construction of the 99.4 megawatt (MW) Tamakoshi V hydropower project after the price quoted by the shortlisted contractors came to be higher than the project’s estimated price.