Bidding process on for UMPP in Jharkhand
Bidding process for the 4,000 MW Tilaiya power project in Jharkhand is on and the Power Finance Corporation will issue "Request For Process" to the shortlisted bidders before May 30, official sources said on Wednesday.
By PTI |
MUMBAI: Bidding process for the 4,000 MW Tilaiya power project in Jharkhand is on and the Power Finance Corporation will issue "Request For Process" to the shortlisted bidders before May 30, official sources said on Wednesday.
Tilaiya is one of the nine power projects designated as Ultra Mega Power Project (UMPP) by the government.
So far, only three of the nine projects have been transferred to the successful developers. While UMPP at Mundra in Gujarat has been bagged by Tata Power, the ones at Sasan in Madhya Pradesh and Krishnapatnam in Andhra Pradesh have been bagged by Reliance Power.
Dr V K Garg, CMD of Power Finance Ccorporation told reporters here today the "Request for Qualification" which is the first stage of bidding process, for the Tilaiya project has been completed and the corporation would issue what is called "Request For Process" by the end of May.
PFC has been designated as a nodal agency by the union government for facilitating development of Ultra Mega Power Projects.
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Sources said 13 companies participated in the first stage of bidding for Tilaiya of which a few will be selected for the next stage that of Request for Process. Those who will be shortlisted at this stage will be asked to make financial bids for the project. Dr Garg said availability of water, land and fuel are the issues that are considered before going ahead with any project. State governments have to provide support for the development of UMPPs, he said.
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