Recently the High Court of andhra pradesh has held its decision on Navayuga getting ended from Polavaram venture contract. On August fourteenth, the central architect of the Hydal venture issued pre-conclusion notification to Navayuga and after three days welcomed new tenders. On this Navayuga moved toward the High Court and wanted hearing on Tuesday.
The lawyer for Navayuga stated, the organization has the agreement till November 20, 2021 and till it ought to be permitted to proceed with the development of the undertaking. Likewise Navayuga’s attorney stated, it is the duty of AP Genco to allocate land for the development of intensity venture and till date it didn’t assemble land and unavoidably it got postponed.
Navayuga likewise mentioned the court disavow the pre-close see and furthermore the turn around offering strategy which the YSRCP government started.
In the interim the promoter for the administration said there is no advancement in the development of the venture and isn’t suitable on Navayuga to postpone the undertaking tossing the fault on AP Genco. In the wake of hearing the contentions, the court has saved its decision.