Bajaj Hindustan exitsUP project

Bajaj Hindustan has decided to pull out of the Rs 10,000 crore, 1,980 MW Bargad power project planned in Chitrakoot district, following the recent exit of Jaypee Group from the Rs 7,000 crore, 1,320 MW Karchhana project. Bajaj Hindusthan had signed the MoU with the Uttar Pradesh Power Corporation in December 2010, but not even 10 out of the required 13,000 acre have been acquired so far.Contact: Bajaj Hindustan.Tel: 022-2202 3626. Fax: 022-2202 2238.