Kolhapur Municipal Corporation (KMC) is set to issue a preliminary termination notice to the firm executing the waste-to-energy project coming up at Kasba Bawada.
Civic chief Abhijeet Chaudhari’s office has approved the move to terminate the contract, and the firm will soon be notified. A senior KMC official, requesting anonymity, said KMC could consult lawyers to seek suggestions on measures to take over the plant if stakeholders are not ready to start commissioning the plant as early as possible.
Some works of the plant are pending, owing to lack of funds. The project is being executed on build-operate-transfer basis. We are going to issue a final ultimatum to the directors of the company on November 20. If we find them reluctant to start the plant, we will take legal opinion on taking over the operations,” an official said.
Sources said collaborators have not paid sub-contractors the amount required to complete pending works. Also, collaborator firms are doubtful over the financial feasibility of the project. Read More