Shimla: The Himachal High Court on Wednesday restrained Brakel corporation from creating any third party interest till May 7, when the case comes up for final hearing.
Petitioner Reliance Energy, moved a fresh application on April 17, seeking to stay operationalising of the Pre-implementation agreement which the Himachal government entered into with Brakel on April 9.
A two bench court of Justice Deepak Gupta and VK Ahuja after hearing out all the parties today listed the matter for final listing in the first week of May.
Signing of the PIA had come about after a fiercely contested legal batter by rival bidding company Reliance Energy. Brakel had been awarded the 960 MW Jangi-Thopan-Power project after a international bidding process in December 2006.
The mega power project involves tunneling through high rise mountains to change the course of fast flowing Himalayan River Satluj and involves investments over Rs 6000 crores.
Signing of the pre-implementation agreement notwithstanding, Reliance Energy challenged the governments decisions a third time to allot the project to Brakel in the Himachal High Court. The two earlier petitions fell through in the court.