Bids for Tamil Nadu, Odisha mega power projects to be deferred by two months

SIDDHARTHA P SAIKIA

Loose ends Linkage from the coal block to the power plant, which will be crucial in deciding the tariff, has to be provided by the Government. - PV SIVAKUMAR
Loose ends Linkage from the coal block to the power plant, which will be crucial in deciding the tariff, has to be provided by the Government. – PV SIVAKUMAR
Companies seek more time; bids will be finalised by new Govt
NEW DELHI, FEBRUARY 23:

Bidding for the ultra mega power projects (UMPP) at Bhedabahal in Odisha and Cheyyur in Tamil Nadu, of 4,000 MW each, will be deferred by at least two months. This means the winning bids for the projects, which require investments of over ₹25,000 crore each, will be declared by the new Government, expected to take charge by May.

“The bidders have sought more time to submit RFPs (request for proposal or price bid). The companies sought extension of the date by three months. However, the Government will extend it by another 8-10 weeks. The order is expected in a day or two,” a senior Power Ministry official told Business Line.

According to the official, the bidders want more time

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